Annual report pursuant to Section 13 and 15(d)

Debt of the Company

Debt of the Company
12 Months Ended
Dec. 31, 2021
Tanger Factory Outlet Centers, Inc. [Member]  
Debt of the Company Debt of the Company
All of the Company's debt is held by the Operating Partnership and its consolidated subsidiaries.

The Company guarantees the Operating Partnership's obligations with respect to its unsecured lines of credit which have a total borrowing capacity of $520.0 million. The Company also guarantees the Operating Partnership's unsecured term loan.

The Operating Partnership had the following amounts outstanding on the debt guaranteed by the Company as of December 31, 2021 and 2020 (in thousands):
2021 2020
Unsecured lines of credit $ —  $ — 
Unsecured term loan $ 300,000  $ 350,000