Stanley Furniture CO Inc. - Current report filing (8-K)
August 20 2008 - 2:57PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND
EXCHANGE COMMISSION
Washington
, D.C.
20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF
THE
SECURITIES EXCHANGE ACT OF 1934
Date of
Report (Date of earliest event reported)
August 15,
2008
STANLEY
FURNITURE
COMPANY, INC.
(Exact
name of registrant as specified in its charter)
|
Delaware
|
|
0-14938
|
|
54-1272589
|
|
(State
or other jurisdiction of incorporation or organization)
|
|
(Commission
File Number)
|
|
(I.R.S.
Employer Identification No.)
|
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1641 Fairystone Park Highway, Stanleytown,
Virginia
|
24168
|
|
(Address
of principal executive offices)
|
(Zip
Code)
|
Registrant’s
telephone number, including area code:
(276)
627-2000
(Former
name or former address, if changed since last report.)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
o
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
ITEM 1.01
Entry into a
Material Definitive Agreement
On August
15, 2008, Stanley Furniture Company Inc., a Delaware corporation (the “Company”)
and Wachovia Bank, National Association, a national banking association and
successor to SouthTrust Bank, an Alabama banking corporation (the “Lender”),
entered into the Sixth Amendment to Credit Agreement, dated as of August 15,
2008 (the “Bank Amendment”), which amends the Credit Agreement, dated as of
August 29, 2003, (as amended by the First Amendment to Credit Agreement, dated
as of April 23,2004, the Second Amendment to Credit Agreement, dated as of June
15, 2005,the Third Amendment to Credit Agreement dated July 14, 2006, the Fourth
Amendment to Credit Agreement, dated as of July 13, 2007, the Fifth Amendment to
Credit Agreement, dated October 12, 2007), by and between the Company and the
Lendor. The Bank Amendment extends the maturity date until August 29,
2010, a copy of which is filed as Exhibit 10.1 to this Form 8-K.
ITEM 9.01
Financial
Statements and Exhibits
(d)
Exhibits
Exhibit 10.1
– Sixth Amendment, to the revolving credit facility dated August 29,
2003 between the Registrant and Wachovia Bank.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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STANLEY
FURNITURE COMPANY, INC.
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|
|
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August 20,
2008
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By: /s/Jeffrey R.
Scheffer
|
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Date
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Jeffrey
R. Scheffer
|
|
|
President
and Chief Executive Officer
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2
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