---
schema_version: "secwatch.filing_event.v1"
accession: "0000950157-23-000613"
form_type: "8-K"
ticker: null
cik: "0001326141"
company_name: "Lazard Group LLC"
filed_at: "2023-06-06T23:59:59+00:00"
generated_at: "2026-06-14T06:23:11.234674+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Lazard Group enters into $200M senior revolving credit facility, replacing existing facility

## Summary
- New five-year $200M senior revolving credit facility dated June 6, 2023.
- Amends and restates the prior $200M facility from July 2020; old commitments terminated.
- Loans bear interest at base rate or adjusted term SOFR plus spread based on debt rating.
- Contains customary covenants including leverage and interest coverage ratios.

## SEC filing metadata
- accession: 0000950157-23-000613
- form_type: 8-K
- cik: 0001326141
- company_name: Lazard Group LLC
- filed_at: 2023-06-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1326141/000095015723000613/0000950157-23-000613-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1326141/000095015723000613/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950157-23-000613
- JSON: https://secwatch.observer/filing/0000950157-23-000613.json
- Plain text: https://secwatch.observer/filing/0000950157-23-000613.txt

## Key facts
- Debt Financings
  Lazard Group LLC incurred revolving credit of $200 million with Citibank, N.A. at adjusted term SOFR rate, at Lazard Group’s option, plus a spread determined by L maturing five-year.
  - Instrument: revolving credit
  - Principal: $200 million
  - Counterparty: Citibank, N.A.
  - Rate: adjusted term SOFR rate, at Lazard Group’s option, plus a spread determined by L
  - Maturity: five-year
  - Event: incurrence
  source text: On June 6, 2023, Lazard Group LLC (“Lazard Group”) entered into an Amended and Restated Credit Agreement (the “Second Amended and Restated Credit Agreement”) among Lazard Group, the lenders party thereto and Citibank, N.A., as administrative agent (the “Administrative Agent”), to replace Lazard Group’s existing credit facility with a new five-year $200 million senior revolving credit facility.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1326141/000095015723000613/0000950157-23-000613-index.htm
- Material Agreements
  Lazard Group LLC terminated Existing Credit Agreement with Citibank, N.A. valued at Commitments under the Existing Credit Agreement were terminated (effective 2023-06-06).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: Citibank, N.A.
  - Value: Commitments under the Existing Credit Agreement were terminated
  - Effective: 2023-06-06
  source text: Concurrently with the effectiveness of the Second Amended and Restated Credit Agreement, the commitments under the Existing Credit Agreement were terminated.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1326141/000095015723000613/0000950157-23-000613-index.htm
- Material Agreements
  Lazard Group LLC entered into Second Amended and Restated Credit Agreement with Citibank, N.A. valued at $200 million senior revolving credit facility (effective 2023-06-06).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Citibank, N.A.
  - Value: $200 million senior revolving credit facility
  - Effective: 2023-06-06
  source text: On June 6, 2023, Lazard Group LLC (“Lazard Group”) entered into an Amended and Restated Credit Agreement (the “Second Amended and Restated Credit Agreement”) among Lazard Group, the lenders party thereto and Citibank, N.A., as administrative agent (the “Administrative Agent”), to replace Lazard Group’s existing credit facility with a new five-year $200 million senior revolving credit facility.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1326141/000095015723000613/0000950157-23-000613-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.