Senior Debt (Tables)

3 Months Ended

Mar. 31, 2022

Senior debt is comprised of the following as of March 31, 2022 and December 31, 2021:

							Outstanding as of
	Initial			Annual			March 31, 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	$	1,357	$	398,643	$	400,000	$	1,476	$	398,524
Lazard Group 2027 Senior Notes		300,000	3/1/27		3.625	%		300,000		1,918		298,082		300,000		2,015		297,985
Lazard Group 2028 Senior Notes		500,000	9/19/28		4.50	%		500,000		5,503		494,497		500,000		5,716		494,284
Lazard Group 2029 Senior Notes		500,000	3/11/29		4.375	%		500,000		5,373		494,627		500,000		5,566		494,434
Total							$	1,700,000	$	14,151	$	1,685,849	$	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.