NEW YORK, July 30, 2024 /PRNewswire/ -- First Citizens Bank today announced that its CIT Commercial Services unit provided up to $48 million in financing to Crown Crafts Inc. (NASDAQ-CM: CRWS), one of America's largest producers of infant bedding, toddler bedding, bibs, toys and disposable products. The financing, which included a$5 million upsize to a $40 million committed ABL revolving line of credit and a$8 million term loan, was used in part by Crown Crafts to facilitate its recent acquisition of the ...