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Tanger Factory Outlet Centers files $600 million debt, preferred, stock shelf
New York, Sept. 7 - Tanger Factory Outlet Centers, Inc. registered to sell up to $600 million of securities in an S-3 filing with the Securities and Exchange Commission.
Covered by the shelf are preferred shares, depositary shares, common shares and warrants that may be issued by Tanger Factory Outlet Centers and debt securities from Tanger Properties LP. Preferreds may be issued as convertibles.
Included in the total are $182.3575 million of equity securities previously registered but unsold.
Tanger, a Greensboro, N.C., real estate investment trust that owns and operates factory outlet centers, will use proceeds for general corporate purposes.
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