truist bank – NC Business Desk

Companies & People

Cardinal Infrastructure establishes $250 million delayed-draw facility

RALEIGH - Cardinal Infrastructure Group said a subsidiary has established a delayed-draw term-loan facility of up to $250 million and increased its revolving commitments to $100 million.

September 13, 2026

Development & Infrastructure

Carolina Beach gets financing approval for $12M boardwalk land deal

CAROLINA BEACH - State finance officials approved $10 million in borrowing for the town’s planned $12 million purchase of nine downtown boardwalk properties, advancing a deal targeted to…

September 6, 2026

Companies & People

Michael Lyons takes over as Truist president and CEO

CHARLOTTE - Michael P. Lyons became president and chief executive officer of Truist Financial and Truist Bank on Sept. 1, succeeding William H. Rogers Jr.

September 4, 2026

Tag: truist bank

Cardinal Infrastructure establishes $250 million delayed-draw facility

Carolina Beach gets financing approval for $12M boardwalk land deal

Michael Lyons takes over as Truist president and CEO