Brief: Stanley Furniture Says Board Voted To Decrease Number Of Directors By One - SEC Filing

HG Holdings

08/12/2017 18:23

Dec 8 (Reuters) - Stanley Furniture Company Inc  STLY.O : 
    * STANLEY FURNITURE COMPANY - BOARD VOTED TO DECREASE NUMBER 
OF 
DIRECTORS BY ONE EFFECTIVE UPON GLENN PRILLAMAN'S RESIGNATION - 
SEC FILING 
    * STANLEY FURNITURE - ON DEC 7, CO ENTERED LETTER OF CONSENT 
WITH 
WELLS FARGO BANK, NATIONAL ASSOCIATION, LENDER UNDER CURRENT 
REVOLVING CREDIT FACILITY 
    * STANLEY FURNITURE - PURSUANT TO TERMS OF CONSENT, 
BORROWING 
CAPACITY UNDER EXISTING CREDIT FACILITY HAS BEEN LIMITED TO $2 
MILLION UNTIL FEB 28, 2018 
 
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