Lazard, Inc. Files 8-K: Material Agreement and Financial Updates
Ticker: LAZ · Form: 8-K · Filed: Mar 12, 2024 · CIK: 1311370
| Field | Detail |
|---|---|
| Company | Lazard, Inc. (LAZ) |
| Form Type | 8-K |
| Filed Date | Mar 12, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $400,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation, corporate-event
Related Tickers: LAZ
TL;DR
Lazard 8-K: Material agreement signed, new financial obligations created. Details inside.
AI Summary
Lazard, Inc. announced on March 6, 2024, that it entered into a material definitive agreement. The company also disclosed the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement. This filing also includes other events and financial statements and exhibits.
Why It Matters
This 8-K filing indicates significant corporate actions by Lazard, Inc., potentially impacting its financial obligations and strategic direction.
Risk Assessment
Risk Level: medium — The filing details material definitive agreements and financial obligations, which can carry inherent business and financial risks.
Key Players & Entities
- Lazard, Inc. (company) — Registrant
- March 6, 2024 (date) — Date of earliest event reported
- 30 Rockefeller Plaza (location) — Principal Executive Offices Address
- New York (location) — Principal Executive Offices City
- 10112 (location) — Principal Executive Offices Zip Code
- 212 - 632-6000 (phone_number) — Registrant's telephone number
FAQ
What is the nature of the material definitive agreement entered into by Lazard, Inc. on March 6, 2024?
The filing indicates the entry into a material definitive agreement but does not specify its nature in the provided text.
What are the details of the direct financial obligation or off-balance sheet arrangement created by Lazard, Inc.?
The filing confirms the creation of such an obligation but does not provide specific details in the provided text.
What specific 'Other Events' are reported by Lazard, Inc. in this 8-K filing?
The filing lists 'Other Events' as an item information category but does not elaborate on them in the provided text.
Where are Lazard, Inc.'s principal executive offices located?
Lazard, Inc.'s principal executive offices are located at 30 Rockefeller Plaza, New York, New York, 10112.
What is the SEC Act under which this 8-K report is filed?
This 8-K report is filed pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934.
Filing Stats: 1,103 words · 4 min read · ~4 pages · Grade level 10 · Accepted 2024-03-12 16:21:54
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share LAZ New York Stock Exchan
- $400,000,000 — ing of an aggregate principal amount of $400,000,000 of Lazard Group's 6.000% Senior Notes d
Filing Documents
- d800135d8k.htm (8-K) — 30KB
- d800135dex11.htm (EX-1.1) — 101KB
- d800135dex41.htm (EX-4.1) — 162KB
- d800135dex51.htm (EX-5.1) — 7KB
- d800135dex991.htm (EX-99.1) — 22KB
- d800135dex992.htm (EX-99.2) — 13KB
- g766844dsp42.jpg (GRAPHIC) — 3KB
- g766844dsp42a.jpg (GRAPHIC) — 16KB
- g766844g0308225853747.jpg (GRAPHIC) — 1KB
- g766844g0308231656437.jpg (GRAPHIC) — 2KB
- 0001193125-24-065902.txt ( ) — 566KB
- laz-20240306.xsd (EX-101.SCH) — 3KB
- laz-20240306_lab.xml (EX-101.LAB) — 17KB
- laz-20240306_pre.xml (EX-101.PRE) — 11KB
- d800135d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 1.1 Underwriting Agreement, dated March 6, 2024, among Lazard Group LLC and Citigroup Global Markets Inc., as representative of the several underwriters listed on Schedule I thereto 4.1 Tenth Supplemental Indenture, dated as of March 12, 2024, between Lazard Group LLC and The Bank of New York Mellon, as trustee 5.1 Opinion of Cravath, Swaine & Moore LLP, relating to Lazard Group LLC's 6.000% Senior Notes due 2031 23.1 Consent of Cravath, Swaine & Moore LLP (included in Exhibit 5.1) 99.1 Press Release, dated March 12, 2024 99.2 Press Release, dated March 12, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized. LAZARD, INC. By: /s/ Mary Ann Betsch Name: Mary Ann Betsch Title: Chief Financial Officer Dated: March 12, 2024