Tanger Closes $550 Million of Unsecured Term Loan Facilities
Tanger Factory Outlet Centers, Inc. (SKT)
Last tanger factory outlet centers, inc. earnings: 10/30 04:15 pm
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Source: Business Wire
Increases Total Capacity by $225 Million with $150 Million Under Delayed DrawsExtends Debt Maturities, Improves Pricing and Expands Lending Group GREENSBORO, N.C.--(BUSINESS WIRE)--Tanger® (NYSE:SKT), a leading owner and operator of outlet and open-air retail shopping destinations, today announced that its operating partnership, Tanger Properties Limited Partnership (“the Company”), has closed on $550 million of unsecured term loans increasing the Company’s term loan capacity by $225 million, enhancing liquidity, extending debt duration, lowering pricing, and expanding its bank group. The $550 million of term loan capacity is comprised of a $350 million loan due December 2030 and a $200 million loan due January 2033. The Company drew $400 million at closing and has a combined $150 million under a delayed draw feature, allowing the Company to draw the proceeds over the next six to nine months, further improving flexibility and providing future liquidity.The Company expects to utiliz
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News
- Tanger Declares Dividend Payable February 13, 2026Business Wire
- Tanger (NYSE:SKT) had its "sector perform" rating reaffirmed by analysts at Scotiabank.MarketBeat
- Tanger (NYSE:SKT) had its "positive" rating reaffirmed by analysts at Barclays PLC.MarketBeat
- Tanger Announces Pricing of Upsized Exchangeable Senior Notes Offering [Yahoo! Finance]Yahoo! Finance
- Tanger Announces Pricing of Upsized Exchangeable Senior Notes OfferingBusiness Wire
SKT
Earnings
- 11/4/25 - Beat
SKT
Sec Filings
- 1/8/26 - Form SCHEDULE
- 12/4/25 - Form 4
- 12/3/25 - Form 4
- SKT's page on the SEC website