{"schema_version":"secwatch.filing_event.v1","accession":"0000950157-23-000614","form_type":"8-K","ticker":"LAZ","cik":"0001311370","company_name":"Lazard, Inc.","filed_at":"2023-06-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.340510+00:00","generated_at":"2026-06-14T06:21:38.317871+00:00","sec_items":["1.01","1.02","2.03","5.02"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Lazard Group enters $200M credit facility; CFO Betsch adds principal accounting officer role","bullets":["Lazard Group entered a $200M senior revolving credit facility, replacing existing facility, maturing in five years.","Interest at base rate or SOFR plus spread based on debt rating; customary covenants and events of default.","Mary Ann Betsch, CFO, assumed principal accounting officer role effective May 31, 2023, replacing Dominick Ragone.","Betsch became CFO in Oct 2022; previously at Citadel and PwC."],"urls":{"canonical":"https://secwatch.observer/filing/0000950157-23-000614","json":"https://secwatch.observer/filing/0000950157-23-000614.json","markdown":"https://secwatch.observer/filing/0000950157-23-000614.md","text":"https://secwatch.observer/filing/0000950157-23-000614.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1311370/000095015723000614/0000950157-23-000614-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1311370/000095015723000614/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T06:21:38.317871+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3edee6a343","claim":"Dominick Ragone departed as Chief Accounting Officer at Lazard, Inc..","evidence_excerpt":"Ms. Betsch replaces Dominick Ragone, who ceased to be Ltd’s and Lazard Group’s Chief Accounting Officer on May 31, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1311370/000095015723000614/0000950157-23-000614-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"ceased"},{"label":"Role","value":"Chief Accounting Officer"}],"fact_type":"executive_change"},{"claim_id":"6ebecb14e9","claim":"Mary Ann Betsch changed role as principal accounting officer at Lazard, Inc..","evidence_excerpt":"On May 31, 2023, Mary Ann Betsch, the Chief Financial Officer of Lazard Ltd (“Ltd”) and Lazard Group, assumed the responsibilities of principal accounting officer of Ltd and Lazard Group.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1311370/000095015723000614/0000950157-23-000614-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"assumed"},{"label":"Role","value":"principal accounting officer"}],"fact_type":"executive_change"},{"claim_id":"863a62f0288d32cb462efdcf9c369bdb18bdda5a","claim":"Lazard, Inc. terminated Existing Credit Agreement with lenders party thereto and Citibank, N.A. (effective 2023-06-06).","evidence_excerpt":"Concurrently with the effectiveness of the Second Amended and Restated Credit Agreement, the commitments under the Existing Credit Agreement were terminated.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1311370/000095015723000614/0000950157-23-000614-index.htm","confidence":1.0,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"lenders party thereto and Citibank, N.A."},{"label":"Effective","value":"2023-06-06"}],"fact_type":"material_agreement"},{"claim_id":"8fe82f4a771ffdb7f2e410301960073b5f3d9f34","claim":"Lazard, Inc. entered into Second Amended and Restated Credit Agreement with Citibank, N.A. as administrative agent and the lenders valued at $200 million senior revolving credit facility (effective 2023-06-06).","evidence_excerpt":"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_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1311370/000095015723000614/0000950157-23-000614-index.htm","confidence":1.0,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Citibank, N.A. as administrative agent and the lenders"},{"label":"Value","value":"$200 million senior revolving credit facility"},{"label":"Effective","value":"2023-06-06"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}