secwatch.observer — SEC 8-K summary
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Issuer:     Lazard, Inc. (LAZ)
CIK:        0001311370
Form:       8-K
Filed at:   2024-12-12T23:59:59+00:00
Accession:  0001628280-24-051041
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lazard completes consent solicitation, amends indenture and guarantees $1.7B senior notes
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- Lazard obtained required consents to amend reporting covenant on four series of senior notes totaling $1.7B.
- Consent payment of $1.50 per $1,000 principal paid to consenting holders.
- Amendments allow parent entity (Lazard, Inc.) to file reports instead of Lazard Group, with Lazard guaranteeing the notes.
- Notes affected: 3.625% due 2027 ($300M), 4.500% due 2028 ($500M), 4.375% due 2029 ($500M), 6.000% due 2031 ($400M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1311370/000162828024051041/0001628280-24-051041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1311370/000162828024051041/laz-20241211.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-051041

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