STANLEY INTERIORS <STHF> TO SELL CONVERTIBLES
Stanley Interiors Corp said it filed
with the Securities and Exchange Commission a registration
statement covering a 30 mln dlr issue of convertible
subordinated debentures due 2012, plus an additional 4.5 mln
dlrs of the securities to cover over-allotments.
    Proceeds will be used to repay in full the company's
indebtedness under a revolving credit agreement, and to reduce
other bank debt, Stanley said.
    The company said Salomon Brothers Inc, First Albany Corp
and Wheat, First Securities Inc would underwrite the offering.
 Reuter
