First Citizens Bank's Middle Market Banking business arranged $58 million in financing for Tanger Houston, an open-air outlet center located in Texas City, serving an attractive Texas metropolitan area.
"Tanger Outlets is known nationwide for delivering the value and brands customers want, and we were pleased to support them with this financing," said Brendan Chambers, who leads the First Citizens Middle Market Banking team.
"It was a pleasure to leverage our financing expertise to support Tanger as they continue their successful growth strategy," said Eric Searls, a managing director in the Middle Market Banking group.