Lazard Group LLC, a subsidiary of Lazard Inc., has announced the total consideration for its cash tender offer concerning its outstanding 3.625% Senior Notes due in 2027. The tender offer, initially announced on July 28, 2025, is set to expire today at 5:00 p.m. New York City time, unless extended or terminated. The settlement date for payment of notes accepted for purchase is expected on the next business day following the expiration, with a guaranteed delivery settlement occurring three business days after. Lazard Group retains the right to waive conditions, extend, amend, or terminate the offer, ensuring flexibility in managing the tender process. Accrued interest on accepted notes will be paid up to, but not including, the settlement date, with no interest accruing post-settlement for notes tendered via guaranteed delivery.
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