XML 56 R42.htm IDEA: XBRL DOCUMENT v3.25.1
SENIOR DEBT (Tables)
3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Senior Debt
Senior debt is comprised of the following as of March 31, 2025 and December 31, 2024:
Outstanding as of
March 31, 2025December 31, 2024
Initial
Principal
Amount
Maturity
Date
Annual
Interest
Rate
Effective Interest RatePrincipalUnamortized
Debt Costs
Carrying
Value
PrincipalUnamortized
Debt Costs
Carrying
Value
Lazard Group
   2027 Senior
   Notes
300,000 3/1/273.625 %3.81 %$300,000 $1,073 $298,927 $300,000 $1,213 $298,787 
Lazard Group
   2028 Senior
   Notes
500,000 9/19/284.50 %4.70 %500,000 3,528 496,472 500,000 3,783 496,217 
Lazard Group
   2029 Senior
   Notes
500,000 3/11/294.375 %4.56 %500,000 3,645 496,355 500,000 3,875 496,125 
Lazard Group
   2031 Senior
   Notes
400,000 3/15/316.00 %6.16 %400,000 3,913 396,087 400,000 4,077 395,923 
Total$1,700,000 $12,159 $1,687,841 $1,700,000 $12,948 $1,687,052