secwatch.observer — SEC 8-K summary
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Issuer:     Lazard, Inc. (LAZ)
CIK:        0001311370
Form:       8-K
Filed at:   2023-06-06T23:59:59+00:00
Accession:  0000950157-23-000614
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 1.02, 2.03, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Lazard Group enters $200M credit facility; CFO Betsch adds principal accounting officer role
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1311370/000095015723000614/0000950157-23-000614-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1311370/000095015723000614/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0000950157-23-000614

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer