XML 48 R38.htm IDEA: XBRL DOCUMENT
v3.22.2

Senior Debt (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2022
Debt Disclosure [Abstract] |
Senior Debt | Senior debt is comprised of the following as of June 30, 2022 and December 31, 2021:
|  |  |  |  |  |  |  |  |  |  |  | Outstanding as of |
|  | Initial |  |  |  |  | Annual |  |  | June 30, 2022 |  |  | December 31, 2021 |
|  | Principal Amount |  |  | Maturity Date |  | Interest Rate(a) |  |  | Principal |  |  | Unamortized Debt Costs |  |  | Carrying Value |  |  | Principal |  |  | Unamortized Debt Costs |  |  | Carrying Value |
Lazard Group 2025 Senior Notes |  | $ | 400,000 |  |  | 2/13/25 |  |  | 3.75 | % |  | $ | 400,000 |  |  | $ | 1,239 |  |  | $ | 398,761 |  |  | $ | 400,000 |  |  | $ | 1,476 |  |  | $ | 398,524 |
Lazard Group 2027 Senior Notes |  |  | 300,000 |  |  | 3/1/27 |  |  | 3.625 | % |  |  | 300,000 |  |  |  | 1,820 |  |  |  | 298,180 |  |  |  | 300,000 |  |  |  | 2,015 |  |  |  | 297,985 |
Lazard Group 2028 Senior Notes |  |  | 500,000 |  |  | 9/19/28 |  |  | 4.50 | % |  |  | 500,000 |  |  |  | 5,290 |  |  |  | 494,710 |  |  |  | 500,000 |  |  |  | 5,716 |  |  |  | 494,284 |
Lazard Group 2029 Senior Notes |  |  | 500,000 |  |  | 3/11/29 |  |  | 4.375 | % |  |  | 500,000 |  |  |  | 5,180 |  |  |  | 494,820 |  |  |  | 500,000 |  |  |  | 5,566 |  |  |  | 494,434 |
Total |  |  |  |  |  |  |  |  |  |  |  | $ | 1,700,000 |  |  | $ | 13,529 |  |  | $ | 1,686,471 |  |  | $ | 1,700,000 |  |  | $ | 14,773 |  |  | $ | 1,685,227 |
(a) | The effective interest rates of Lazard Group’s 3.75% senior notes due February 13, 2025 (the “2025 Notes”), Lazard Group’s 3.625% senior notes due March 1, 2027 (the “2027 Notes”), Lazard Group’s 4.50% senior notes due September 19, 2028 (the “2028 Notes”) and Lazard Group’s 4.375% senior notes due March 11, 2029 (the “2029 Notes”) are 3.87%, 3.76%, 4.67% and 4.53%, respectively.

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration