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Senior Debt (Tables)
 12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Senior Debt
Senior debt is comprised of the following as of December 31, 2023 and 2022:
Outstanding as of
December 31, 2023December 31, 2022
Initial
Principal
Amount
Maturity
Date
Annual
Interest
Rate(a)
Principal
Unamortized
Debt Costs
Carrying
Value
Principal
Unamortized
Debt Costs
Carrying
Value
Lazard Group 2025 Senior Notes
$400,000 2/13/253.75 %$400,000 $531 $399,469 $400,000 $1,003 $398,997 
Lazard Group 2027 Senior Notes
300,000 3/1/273.625 %300,000 1,235 298,765 300,000 1,625 298,375 
Lazard Group 2028 Senior Notes
500,000 9/19/284.50 %500,000 4,012 495,988 500,000 4,864 495,136 
Lazard Group 2029 Senior Notes
500,000 3/11/294.375 %500,000 4,022 495,978 500,000 4,794 495,206 
Total$1,700,000 $9,800 $1,690,200 $1,700,000 $12,286 $1,687,714 
_____________________
(a)The effective interest rates of Lazard Group’s 3.75% senior notes due February 13, 2025 (the “2025 Notes”), Lazard Group’s 3.625% senior notes due March 1, 2027 (the “2027 Notes”), Lazard Group’s 4.50% senior notes due September 19, 2028 (the “2028 Notes”) and Lazard Group’s 4.375% senior notes due March 11, 2029 (the “2029 Notes”) are 3.87%, 3.76%, 4.67% and 4.53%, respectively.
Schedule of Debt Maturities Relating to Senior Borrowings Outstanding
Debt maturities relating to senior borrowings outstanding at December 31, 2023 for each of the five years in the period ending December 31, 2028 and thereafter are set forth in the table below.
Year Ending December 31,
2024$– 
2025400,000 
2026– 
2027300,000 
2028500,000 
Thereafter500,000 
Total$1,700,000