Lazard Group LLC Concludes Successful Cash Tender Offer for Senior Notes

Reuters
08/04
Lazard Group LLC Concludes Successful Cash Tender Offer for Senior Notes

Lazard Group LLC, a subsidiary of Lazard Inc., has announced the successful conclusion of its cash tender offer for its outstanding 3.625% Senior Notes due March 1, 2027. The tender offer, which expired on August 1, 2025, resulted in the valid tendering of $202,944,000 in aggregate principal amount of the notes. Lazard Group has accepted all of these notes for purchase. Holders of the accepted notes will receive a total consideration of $991.89 per $1,000 principal amount, along with accrued and unpaid interest up to the settlement date. The settlement date is expected to occur on August 4, 2025, with an additional date on August 6, 2025, for notes tendered through guaranteed delivery procedures. Citigroup Global Markets Inc. and Lazard Frères & Co. LLC served as dealer managers for the offer.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lazard Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250804613506) on August 04, 2025, and is solely responsible for the information contained therein.

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