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Prospect News home > News index > List of issuers T > Headlines for Tanger Factory Outlet Centers Inc. > News item
Published on 11/10/2010 in the Prospect News Investment Grade Daily, Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

Tanger Factory Outlet to redeem its $75 million preferreds on Dec. 9

By Melissa Kory

Cleveland, Nov. 10 - Tanger Factory Outlet Centers, Inc. announced that it will redeem its 3 million outstanding class C preferred shares.

The shares will be redeemed Dec. 9 at a price of $25 per share, plus all accrued dividends up to and including the redemption date.

Computershare Trust Co., NA is the redemption agent.

Tanger is an outlet center real estate investment trust based in Greensboro, N.C.


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