Senior Debt (Tables)

3 Months Ended

Mar. 31, 2023

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.