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v3.23.1

Senior Debt (Tables) | 3 Months Ended
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Mar. 31, 2023
Debt Disclosure [Abstract] |
Senior Debt | Senior debt is comprised of the following as of March 31, 2023 and December 31, 2022:
|  |  |  |  |  |  |  |  |  |  |  | Outstanding as of |
|  | Initial |  |  |  |  | Annual |  |  | March 31, 2023 |  |  | December 31, 2022 |
|  | 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 |  |  | $ | 885 |  |  | $ | 399,115 |  |  | $ | 400,000 |  |  | $ | 1,003 |  |  | $ | 398,997 |
Lazard Group 2027 Senior Notes |  |  | 300,000 |  |  | 3/1/27 |  |  | 3.625 | % |  |  | 300,000 |  |  |  | 1,528 |  |  |  | 298,472 |  |  |  | 300,000 |  |  |  | 1,625 |  |  |  | 298,375 |
Lazard Group 2028 Senior Notes |  |  | 500,000 |  |  | 9/19/28 |  |  | 4.50 | % |  |  | 500,000 |  |  |  | 4,651 |  |  |  | 495,349 |  |  |  | 500,000 |  |  |  | 4,864 |  |  |  | 495,136 |
Lazard Group 2029 Senior Notes |  |  | 500,000 |  |  | 3/11/29 |  |  | 4.375 | % |  |  | 500,000 |  |  |  | 4,601 |  |  |  | 495,399 |  |  |  | 500,000 |  |  |  | 4,794 |  |  |  | 495,206 |
Total |  |  |  |  |  |  |  |  |  |  |  | $ | 1,700,000 |  |  | $ | 11,665 |  |  | $ | 1,688,335 |  |  | $ | 1,700,000 |  |  | $ | 12,286 |  |  | $ | 1,687,714 |
(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.

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- 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
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