Reading Area Community College Awards Financial Services Contract to Truist Commercial Equity Inc (November 2025)
Reading Area Community CollegeHigher Ed · Reading, PA- Disclosed value
- $13,000,000 (aggregate principal amount of Revenue Note)
- From agenda
- Approved
- Nov 12, 2025
The 30-second brief
The Board approved Truist Commercial Equity, Inc. as purchaser of a $13 million Revenue Note to finance the Gust Zogas Student Union Building and related site improvements. The financing terms, including maturities and interest rates, are set forth in an accepted Term Sheet.
Truist Commercial Equity Inc holds this financial services contract with Reading Area Community College. Its other public contracts on record include work for Whitfield County and Padre Dam Municipal Water District.
Term as filed: Term as provided in Term Sheet for Series A of 2025 Revenue Note.
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Contract details
- Contract type
- Financial Services
- Amount
- $13,000,000 (aggregate principal amount of Revenue Note)
- Document date
- November 12, 2025
- Term
- Term as provided in Term Sheet for Series A of 2025 Revenue Note
- Source document
- reading_area_community_college_board_of_trustees_a.pdf (Agenda)
Truist Commercial Equity Inc's other public contracts
More Reading Area Community College contracts
Questions about this contract
Who was awarded the financial services contract by Reading Area Community College?
Truist Commercial Equity Inc was awarded this financial services contract by Reading Area Community College, as recorded on November 12, 2025. The contract value is $13,000,000 (aggregate principal amount of Revenue Note).
How much is the Truist Commercial Equity Inc contract with Reading Area Community College worth?
The Truist Commercial Equity Inc contract with Reading Area Community College is valued at $13,000,000 (aggregate principal amount of Revenue Note), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in reading_area_community_college_board_of_trustees_a.pdf (Agenda), dated November 12, 2025 from Reading Area Community College. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Truist Commercial Equity Inc hold?
Truist Commercial Equity Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Reading Area Community College currently buying?
Explore Reading Area Community College's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.