secwatch / observer
8-K filed March 12, 2024, 7:59 PM ET ticker LAZ CIK 0001311370
debt confidence high sentiment neutral materiality 0.50

Lazard, Inc. (LAZ): debt financing — Lazard Group completes $400M 6% senior notes due 2031, tender for 2025 notes

Lazard, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.98

Lazard, Inc. incurred senior notes of $400,000,000 with Citigroup Global Markets Inc. (representative of several underwriters) at 6.000% per year maturing March 15, 2031.

Instrument
senior notes
Principal
$400,000,000
Counterparty
Citigroup Global Markets Inc. (representative of several underwriters)
Rate
6.000% per year
Maturity
March 15, 2031
Event
incurrence
Exact text from the filing
On March 12, 2024, Lazard Group LLC (“Lazard Group”), a subsidiary of Lazard, Inc., completed its previously announced offering of an aggregate principal amount of $400,000,000 of Lazard Group’s 6.000% Senior Notes due 2031 (the “Notes”) in a registered public offering pursuant to Lazard Group’s shelf registration statement on Form S-3 (Registration No. 333-263578).
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Lazard, Inc. entered into Tenth Supplemental Indenture with The Bank of New York Mellon valued at $400,000,000 (effective 2024-03-12).

Action
entry
Agreement
notes offering
Counterparty
The Bank of New York Mellon
Value
$400,000,000
Effective
2024-03-12
Exact text from the filing
On March 12, 2024, Lazard Group LLC (“Lazard Group”), a subsidiary of Lazard, Inc., completed its previously announced offering of an aggregate principal amount of $400,000,000 of Lazard Group’s 6.000% Senior Notes due 2031 (the “Notes”) in a registered public offering pursuant to Lazard Group’s shelf registration statement on Form S-3 (Registration No. 333-263578).
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Lazard, Inc. entered into Underwriting Agreement with Citigroup Global Markets Inc., as representative of the several underwriters (effective 2024-03-06).

Action
entry
Agreement
underwriting
Counterparty
Citigroup Global Markets Inc., as representative of the several underwriters
Effective
2024-03-06
Exact text from the filing
On March 6, 2024, Lazard Group entered into an underwriting agreement (the “Underwriting Agreement”) with Citigroup Global Markets Inc., as representative of the several underwriters listed on Schedule I thereto (collectively, the “Underwriters”), pursuant to which Lazard Group agreed to sell and the Underwriters agreed to purchase, subject to and upon terms and conditions set forth therein, the Notes.
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299 debt financings filed in the last 30 days. Browse all debt financings →

Lazard, Inc. filing history →

Source: SEC EDGAR
accession 0001193125-24-065902
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