8-K

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)			May 10, 2004
The McClatchy Company
(Exact name of registrant as specified in its charter)
Delaware	1-9824			52-2080478
(State or other jurisdiction of incorporation)	(Commission File Number)			(IRS Employer Identification No.)
2100 Q Street, Sacramento, CA 95816
(Address of principal executive offices, including zip code)
Registrant's telephone number, including area code		(916) 321-1846

Item 5.	Other Events and Regulations FD Disclosure
			On May 10, 2004, The McClatchy Company announced it entered into a five-year senior unsecured revolving credit facility, which provides borrowings of up to $500.0 million through a syndicate of banks.
Item 7.	Financial Statements and Exhibits
(c)	Exhibits
99.1		Text of press release issued by The McClatchy Company, dated May 10, 2004, and titled "McClatchy Completes Debt Refinancing."

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 daily authorized.

Date: May 10, 2004		The McClatchy Company
	By	/s/ Patrick J. Talamantes
		Patrick J. Talamantes Vice President and Chief Financial Officer

Exhibit Index

Exhibit Number	Description
99.1	Text of press release issued by The McClatchy Company, dated May 10, 2004, titled, "McClatchy Completes Debt Refinancing."

EX-99

The McClatchy Company

CONTACT Elaine Lintecum
Treasurer
916-321-1843
elintecum@mcclatchy.com

McCLATCHY COMPLETES DEBT REFINANCING

SACRAMENTO, CA, May 10, 2004 - The McClatchy Company (NYSE: MNI) today announced that it entered into a five-year, senior unsecured revolving credit facility, which provides borrowings of up to $500.0 million through a syndicate of banks. The facility has been rated BBB+ by Standard & Poor's and Baa1 by Moody's Investor Services.

The Company intends to use the new revolving facility initially to refinance its existing debt. Subsequent to the refinancing, the Company will launch a new commercial paper program that will be used to refinance the debt under the new facility. The new facility will then be used primarily to support the commercial paper program. The balance of the commercial paper program, if any, will be used for other general corporate purposes.

The securities to be offered by the Company in any commercial paper program will not be registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This press release shall not constitute an offer to sell or the solicitation of offer to buy the Company's notes under its commercial paper program.