SENIOR DEBT (Tables)

6 Months Ended

Jun. 30, 2024

Debt Disclosure [Abstract]

Schedule of Senior Debt

Senior debt is comprised of the following as of June 30, 2024 and December 31, 2023:

						Outstanding as of
						June 30, 2024						December 31, 2023
	Initial Principal Amount		Maturity Date	Annual Interest Rate(b)		Principal		Unamortized Debt Costs		Carrying Value		Principal		Unamortized Debt Costs		Carrying Value
Lazard Group    2025 Senior    Notes (a)	$	400,000	2/13/25	3.75	%	$	164,347	$	121	$	164,226	$	400,000	$	531	$	399,469
Lazard Group    2027 Senior    Notes	300,000		3/1/27	3.625	%	300,000		1,040		298,960		300,000		1,235		298,765
Lazard Group    2028 Senior    Notes	500,000		9/19/28	4.50	%	500,000		3,586		496,414		500,000		4,012		495,988
Lazard Group    2029 Senior    Notes	500,000		3/11/29	4.375	%	500,000		3,635		496,365		500,000		4,022		495,978
Lazard Group    2031 Senior    Notes (a)	400,000		3/15/31	6.00	%	400,000		3,816		396,184		–		–		–
Total						$	1,864,347	$	12,198	$	1,852,149	$	1,700,000	$	9,800	$	1,690,200

__________________________

(a)In March 2024, Lazard Group completed an offering of $400,000 aggregate principal amount of 6.00% senior notes due 2031. Interest on the 2031 Notes is payable semi-annually on March 15 and September 15 of each year, beginning

September 15, 2024. Lazard Group used a portion of the net proceeds from the 2031 Notes to purchase in a tender offer $235,653 aggregate principal amount of the 2025 Notes.

(b)The effective interest rates of the 2025 Notes, the 2027 Notes, the 2028 Notes, the 2029 Notes and the 2031 Notes are 3.78%, 3.76%, 4.67%, 4.53% and 6.14%, respectively.