Comments on: Explaining Carlos Slim’s $175 million NYT profit http://blogs.reuters.com/felix-salmon/2010/10/04/explaining-carlos-slims-175-million-nyt-profit/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: huckmank http://blogs.reuters.com/felix-salmon/2010/10/04/explaining-carlos-slims-175-million-nyt-profit/comment-page-1/#comment-19040 Mon, 04 Oct 2010 21:08:17 +0000 http://blogs.reuters.com/felix-salmon/?p=5635#comment-19040 @Citoyen: The Times didn’t prepay the interest. Included in the calculation are the cash payments they paid over the course of the past three years. Essentially what they are paying is 5% simple interest instead of ~14% compounding for the principle still outstanding. That’s a deal if one has the money to pull it off.

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By: Citoyen http://blogs.reuters.com/felix-salmon/2010/10/04/explaining-carlos-slims-175-million-nyt-profit/comment-page-1/#comment-19038 Mon, 04 Oct 2010 20:46:43 +0000 http://blogs.reuters.com/felix-salmon/?p=5635#comment-19038 If the Times has to pay a premium for the dubious honor of prepaying all that interest, what is its incentive to pay off this debt early?

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