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NYT > SEC Filings for NYT > Form 8-K on 9-Nov-2012All Recent SEC Filings

Show all filings for NEW YORK TIMES CO



Termination of a Material Definitive Agreement

Item 1.02. Termination of a Material Definitive Agreement.

The New York Times Company (the "Company") is party to a five-year, $125 million asset-backed revolving credit facility pursuant to the terms of a Credit Agreement, dated as of June 9, 2011 (the "Credit Agreement"), by and among the Company and certain subsidiaries of the Company as Borrowers, certain financial institutions as lenders, SunTrust Bank, as the administrative agent and issuing bank (the "Administrative Agent"), and the other agents party thereto. The Credit Agreement provides that the Company may terminate the revolving credit facility at any time, without penalty, upon 10 business days' notice to the Administrative Agent. On November 9, 2012, the Company provided such notice of termination, effective November 26, 2012. No loans are outstanding under the facility.

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