Corporate Profile
Corporate Overview
Corporate Responsibility
Governance
Management
Board of Directors
Committee Composition
Governance Documents
Press Releases
Presentations & Events
Calendar of Events
Company Presentations
Financials
Quarterly Results
Annual Reports & Proxy
SEC Filings
Insider Filings
Insider Ownership
Property Portfolio
By State
Portfolio Map
Stock Information
Historic Prices
Organizational Actions
DRIP & Share Purchase Plan
Dividend & Tax Information
Analysts
As-Reported Financials
Resources
FAQ
Credit Ratings
Information Requests
Email Alerts
Logo
Business
Strategic Partnerships
Leasing & Outparcel Information
News
Investor Relations
Careers
Main Site
(current)
X
Business
Strategic Partnerships
Leasing
News
Investor Relations
Careers
Contact Us
Digital Coupon Book
Follow TangerLife
Personal Shopper
Best Price Promise
Bus & Groups
FAQ
My Tanger Preferences
(current)
©2020 Tanger Factory Outlet Center
Privacy Policy
|
Terms of Use
Accessibility
CREDIT RATINGS
☰
IR Menu
Ratings Details
Ratings Details
Subsidiaries
Ratings Scale
Ratings Details
Subsidiaries
Ratings Scale
S&P
Moody's
Long-term Issuer
BBB (ON)
3/27/2020
-
-
Preferred Stock
BB+
10/23/2008
(P)Baa3
1/29/2020
-
Ratings Watch Action Legend: (WP) Watch Positive, (WN) Watch Negative, (WU) Watch Uncertain, (WR) Watch Removed, (OP) Outlook Positive, (ON) Outlook Negative, (OS) Outlook Stable, (OD) Outlook Developing
S&P
Moody's
Tanger Properties Limited Partnership
Long-term Issuer
BBB (ON)
3/27/2020
-
-
Senior Unsecured
BBB
2/15/2019
Baa2 (ON)
1/29/2020
-
Ratings Watch Action Legend: (WP) Watch Positive, (WN) Watch Negative, (WU) Watch Uncertain, (WR) Watch Removed, (OP) Outlook Positive, (ON) Outlook Negative, (OS) Outlook Stable, (OD) Outlook Developing
Long-Term Ratings
Fitch
Highest Credit Quality
AAA
AAA(EXP)
AAApre
Very High Credit Quality
AA+
AA+(EXP)
AA
AA(EXP)
AA-
AA-(EXP)
High Credit Quality
A+
A+(EXP)
A
A(EXP)
A-
A-(EXP)
Good Credit Quality
BBB+
BBB+(EXP)
BBB
BBB(EXP)
BBB-
BBB-(EXP)
Speculative
BB+
BB+(EXP)
BB
BB(EXP)
BB-
BB-(EXP)
Highly Speculative
B+
B+(EXP)
B
B(EXP)
B-
B-(EXP)
High Default Risk
CCC+
CCC+(EXP)
CCC
CCC(EXP)
CCC-
CCC-(EXP)
CC
CC(EXP)
C
Default
DDD
DD
D
Moody's
Highest Quality
(P)Aaa
Aaa
High Quality
Aa1
(P)Aa1
(P)Aa2
Aa2
Aa3
(P)Aa3
Upper-Medium Quality
(P)A1
A1
A2
(P)A2
(P)A3
A3
Medium-Grade Quality
Baa1
(P)Baa1
(P)Baa2
Baa2
Baa3
(P)Baa3
Substantial Risk
(P)Ba1
Ba1
Ba2
(P)Ba2
(P)Ba3
Ba3
High Risk
B1
(P)B1
(P)B2
B2
B3
(P)B3
Very High Risk
(P)Caa1
Caa1
Caa2
(P)Caa2
(P)Caa3
Caa3
Highly Speculative
(P)Ca
Ca
Default
C
(P)C
S&P
Extremely Strong
AAA
AAApi
AAAt
Very Strong
AA+
AA+pi
AA+t
AApi
Aat
AA
AA-
AA-pi
AA-t
Strong
A+
A+pi
A+t
Api
At
A
A-
A-pi
A-t
Adequate
BBB+
BBB+pi
BBB+t
BBB
BBBpi
BBBt
BBB-
BBB-pi
BBB-t
Less Vulnerable
BB+
BB+pi
BB+t
BB
BBpi
BBt
BB-
BB-pi
BB-t
More Vulnerable
B+
B+pi
B+t
B
Bpi
Bt
B-
B-pi
B-t
Currently Vulnerable
CCC+
CCC+pi
CCC+t
CCCpi
CCCt
CCC
CCC-
CCC-pi
CCC-t
Highly Vulnerable
CCpi
CCt
CC
C+
C+pi
C+t
C
Cpi
Ct
Selective Default
SD
SDpi
SDt
Default
D+
D+pi
D+t
Dpi
Dt
D
Regulatory Supervision
R
Rpi
Rt
Short-Term Ratings
Fitch
Exceptionally High Quality
F1+
F1+(EXP)
High Quality
F1
F1(EXP)
Good Quality
F2
F2(EXP)
Fair Quality
F3
F3(EXP)
Speculative
B
B(EXP)
High Default Risk
C
C(EXP)
Default
D
D(EXP)
Moody's
Superior
(P)MIG 1
(P)P-1
(P)VMIG 1
MIG 1
P-1
VMIG 1
Strong
VMIG 2
P-2
MIG 2
(P)VMIG 2
(P)P-2
(P)MIG 2
Acceptable
(P)MIG 3
(P)P-3
(P)VMIG 3
MIG 3
P-3
VMIG 3
Not Prime
NP
(P)NP
S&P
Extremely Strong
A-1+
Strong
A-1
Satisfactory
A-2
Adequate
A-3
More Vulnerable
B
B-1
B-2
B-3
Highly Vulnerable
C
Selective Default
SD
Default
D
Regulatory Supervision
R
Financial Strength Ratings
Fitch
Exceptionally Strong
AAA
AAAq
Very Strong
AA+
AA+q
AAq
AA
AA-
AA-q
Strong
A+
A+q
Aq
A
A-
A-q
Good
BBB+
BBB+q
BBBq
BBB
BBB-
BBB-q
Moderately Weak
BB+
BB+q
BB
BBq
BB-
BB-q
Weak
B+
B+q
B
Bq
B-
B-q
Very Weak
CCC+
CCC+q
CCCq
CCC
CCC-
CCC-q
CCq
CC
Cq
C
Distressed
DDD
DDDq
DDq
DD
Dq
D
Moody's
Exceptional Security
Aaa
Excellent Security
Aa1
Aa2
Aa3
Good Security
A1
A2
A3
Adequate Security
Baa1
Baa2
Baa3
Questionable Security
Ba1
Ba2
Ba3
Poor Security
B1
B2
B3
Very Poor Security
Caa1
Caa2
Caa3
Extremely Poor Security
Ca
C
S&P
Extremely Strong
AAA
AAApi
Very Strong
AA+
AA+pi
AApi
AA
AA-
AA-pi
Strong
A+
A+pi
Api
A
A-
A-pi
Good
BBB+
BBB+pi
BBBpi
BBB
BBB-
BBB-pi
Marginal
BB+
BB+pi
BB
BBpi
BB-
BB-pi
Weak
B+
B+pi
B
Bpi
B-
B-pi
Very Weak
CCC+
CCC+pi
CCCpi
CCC
CCC-
CCC-pi
Extremely Weak
CCpi
CC
Regulatory Action
R
Issuer ratings are S&P/Moody’s respectively. A security rating is not a recommendation to buy, sell or hold securities and should be evaluated independently of any other rating. The rating is subject to revision or withdrawal at any time by the assigning rating organization.