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Tanger Factory Outlet to redeem $250 million of 6.15% notes due 2015
By Tali Rackner
Norfolk, Va., Nov. 21 – Tanger Factory Outlet Centers, Inc. called $250 million of its 6.15% senior notes due Nov. 15, 2015, according to a press release.
The notes are expected to be redeemed on Dec. 15.
Tanger will use the proceeds from a new senior note offering to fund the redemption.
The outlet center real estate investment trust is based in Greensboro, N.C.
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