secwatch.observer — SEC 8-K summary
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Issuer:     Lazard Group LLC (—)
CIK:        0001326141
Form:       8-K
Filed at:   2023-06-06T23:59:59+00:00
Accession:  0000950157-23-000613
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1326141/000095015723000613/0000950157-23-000613-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1326141/000095015723000613/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950157-23-000613

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