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Stock impact report

Lazard Announces Closing of Senior Notes Offering by Lazard Group LLC

Lazard LTD. Lazard, LTD. Class A (LAZ) 
Last lazard ltd. lazard, ltd. class a 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 $300,000,000 aggregate principal amount of 5.625% Senior Notes due 2035 (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. The Notes are fully and unconditionally guaranteed by Lazard, Inc. The guarantees of the Notes are unsecured unsubordinated obligations of Lazard, Inc.Lazard Group previously announced its intention to use the net proceeds from the Offering to repurchase all of its outstanding 3.625% Senior Notes due March 1, 2027 (the “2027 Notes”) that are validly tendered and not validly withdrawn and accepted for purchase pursuant to the Tender Offer (as defined below), to pay fees and expenses related to Show less Read more
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