Tanger Inc. has announced the pricing and upsizing of its previously announced debt offering. Tanger Properties Limited Partnership, the company's operating partnership, has priced $220 million aggregate principal amount of 2.375% Exchangeable Senior Notes due 2031 in a private placement to qualified institutional buyers. Additionally, the initial purchasers have been granted an option to purchase up to an extra $30 million of the notes. The sale is expected to settle on January 12, 2026, and will result in approximately $214 million in net proceeds, or up to $243 million if the option for additional notes is fully exercised. The notes are senior unsecured obligations, pay interest semi-annually, and mature on January 15, 2031.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tanger Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260108093155) on January 08, 2026, and is solely responsible for the information contained therein.