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PRICING SUPPLEMENT NO. 2 DATED DECEMBER 1, 1998 TO PROSPECTUS DATED
AUGUST 28, 1998 AND PROSPECTUS SUPPLEMENT DATED SEPTEMBER 24, 1998
THE NEW YORK TIMES COMPANY
MEDIUM-TERM NOTES
(FIXED RATE)
DUE MORE THAN NINE MONTHS FROM DATE OF ISSUE
PRINCIPAL AMOUNT: $49,500,000
PRICE TO PUBLIC: 100.00%
AGENT'S COMMISSION: 0.625%
NET PROCEEDS TO ISSUER: $49,190,625
SELLING AGENTS: MORGAN STANLEY DEAN WITTER, CHASE SECURITIES INC.
SALOMON SMITH BARNEY
ORIGINAL ISSUE DATE: DECEMBER 4, 1998
INTEREST RATE: 5.625%
INTEREST PAYMENT DATES: FEBRUARY 15 AND AUGUST 15, COMMENCING
FEBRUARY 15, 1999
STATED MATURITY DATE: DECEMBER 4, 2008
REGULAR RECORD DATES: FEBRUARY 1 AND AUGUST 1
SPECIFIED CURRENCY: U.S. DOLLARS
REDEEMABLE BY THE COMPANY: NO
REDEMPTION COMMENCEMENT DATE: NOT APPLICABLE
REDEMPTION PRICE: NOT APPLICABLE
REDEMPTION PERIOD: NOT APPLICABLE
REPAYABLE AT THE OPTION OF HOLDER: NO
REPAYMENT DATES: NOT APPLICABLE
REPAYMENT PRICES: NOT APPLICABLE
FORM:
/X/ Global Note / / Certified
DISCOUNT RATE: NONE
DEFAULT RATE: NONE
OTHER PROVISIONS:
The aggregate principal amount of this offering is $49,500,000 and relates
only to Pricing Supplement No. 2. Notes may be issued by The New York Times
Company in the aggregate principal amount of up to $300,000,000 or its
equivalent in one or more currencies or composite currencies. To date, including
this offering, an aggregate of $99,000,000 of Notes is outstanding.
