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Stock impact report

Lazard Announces Closing of Senior Notes Offering by Lazard Group LLC

Lazard, Inc. (LAZ) 
Last lazard, inc. earnings: 4/30 06:49 am Check Earnings Report
US:NYSE Investor Relations: investor.shareholder.com/lazard
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today that its subsidiary Lazard Group LLC (“Lazard Group”) has completed its previously announced offering (the “Offering”) of $400,000,000 aggregate principal amount of 6.000% Senior Notes due 2031 (the “Notes”). The Notes were issued by Lazard Group and were offered pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission. The Notes are senior unsecured obligations of Lazard Group.Lazard Group previously announced its intention to use a portion of the net proceeds from the Offering to repurchase all of its outstanding 3.750% Senior Notes due February 13, 2025 (the “2025 Notes”) that are validly tendered and not validly withdrawn and accepted for purchase pursuant to the Tender Offer (as defined below), and to pay fees and expenses related to the Tender Offer, and to use the remaining amount for general corporate purposes. In that regard, Lazard, Inc. previously announced Show less Read more
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