Moody's Ratings affirms Tanger Properties' Baa3 ratings, changes outlook to positive from stable
Moody's Ratings (Moody's) today affirmed Tanger Properties Limited Partnership's ("Tanger Properties" or "the REIT") Baa3 senior unsecured rating and changed the outlook to positive from stable. In the same rating action, Tanger Properties' (P)Baa3 senior unsecured shelf rating, (P)Ba1 subordinate ...Tanger Factory Outlet Centers is a self-administered and self-managed real estate investment trust, which focuses on developing, acquiring, owning, operating and managing outlet shopping centers. The company's outlet centers and other assets are held by, and all of its operations are conducted by, Tanger Properties Limited Partnership and subsidiaries (Operating Partnership). The company owns the majority of the units of partnership interest issued by the Operating Partnership through its two wholly-owned subsidiaries, Tanger GP Trust and Tanger LP Trust. Tanger GP Trust controls the Operating Partnership as its sole general partner. Tanger LP Trust holds a limited partnership interest.
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