---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-065902"
form_type: "8-K"
ticker: "LAZ"
cik: "0001311370"
company_name: "Lazard, Inc."
filed_at: "2024-03-12T23:59:59+00:00"
generated_at: "2026-06-04T22:52:11.117527+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Lazard Group completes $400M 6% senior notes due 2031, tender for 2025 notes

## Summary
- Lazard Group issued $400M of 6.000% Senior Notes due 2031, closing March 12, 2024.
- Net proceeds to repurchase all $400M of 3.750% Senior Notes due 2025 via tender offer.
- Tender consideration: $987.80 per $1,000 principal plus accrued interest (5.130% yield).
- Tender offer expires today at 5:00 p.m. NY time unless extended.

## SEC filing metadata
- accession: 0001193125-24-065902
- form_type: 8-K
- ticker: LAZ
- cik: 0001311370
- company_name: Lazard, Inc.
- filed_at: 2024-03-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1311370/000119312524065902/0001193125-24-065902-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1311370/000119312524065902/d800135d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-065902
- JSON: https://secwatch.observer/filing/0001193125-24-065902.json
- Plain text: https://secwatch.observer/filing/0001193125-24-065902.txt

## Key facts
- Debt Financings
  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
  source text: 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).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1311370/000119312524065902/0001193125-24-065902-index.htm
- Material Agreements
  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
  source text: 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).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1311370/000119312524065902/0001193125-24-065902-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1311370/000119312524065902/0001193125-24-065902-index.htm

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