North Carolina Capital Facilities Finance Agency Board of Directors | State of North Carolina Awards Financial Services Contract to Truist Bank (July 2026)
North Carolina Capital Facilities Finance Agency Board of Directors | State of North CarolinaState · Raleigh, NC- Disclosed value
- Up to $36,000,000 financing
- From report
- Approved
- Jul 31, 2026
The 30-second brief
The NC Capital Facilities Finance Agency approved Truist Bank as trustee for Alpha Academy's up-to-$36 million conduit revenue bond financing. The issue will fund construction, debt refinancing, reserves, and issuance costs.
Truist Bank holds this financial services contract with North Carolina Capital Facilities Finance Agency Board of Directors | State of North Carolina. Its other public contracts on record include work for Artisan Lakes Community Development District and Cumberland County Improvement Authority.
Term as filed: 35-year bond term; final maturity not later than December 31, 2066.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $36,000,000 financing
- Document date
- July 31, 2026
- Term
- 35-year bond term; final maturity not later than December 31, 2066
- Vendor
- Truist Bank
- Source document
- North Carolina Department of State Treasurer Report Debt Approvals 2026-07-31 (Report)
Truist Bank's other public contracts
More North Carolina Capital Facilities Finance Agency Board of Directors | State of North Carolina contracts
Questions about this contract
Who was awarded the financial services contract by North Carolina Capital Facilities Finance Agency Board of Directors | State of North Carolina?
Truist Bank was awarded this financial services contract by North Carolina Capital Facilities Finance Agency Board of Directors | State of North Carolina, as recorded on July 31, 2026. The contract value is Up to $36,000,000 financing.
How much is the Truist Bank contract with North Carolina Capital Facilities Finance Agency Board of Directors | State of North Carolina worth?
The Truist Bank contract with North Carolina Capital Facilities Finance Agency Board of Directors | State of North Carolina is valued at Up to $36,000,000 financing, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a report record.
Where was this contract approved?
This contract appears in North Carolina Department of State Treasurer Report Debt Approvals 2026-07-31 (Report), dated July 31, 2026 from North Carolina Capital Facilities Finance Agency Board of Directors | State of North Carolina. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Truist Bank hold?
Truist Bank 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 North Carolina Capital Facilities Finance Agency Board of Directors | State of North Carolina currently buying?
Explore North Carolina Capital Facilities Finance Agency Board of Directors | State of North Carolina's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.