trending Market Intelligence /marketintelligence/en/news-insights/trending/2vO87PnlwONXrFrWG2dmkg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Lazard Group closes senior note offering

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity

Street Talk Episode 70 - Banks' Liquidity Conundrum Could Fuel M&A Activity

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

Lazard Group closes senior note offering

Lazard Ltd. unit Lazard Group LLC completed its offering of $500 million of its 4.375% senior notes due 2029, with a portion of the net proceeds to be used to repurchase or redeem the company's outstanding 2020 notes. In connection with that, Lazard Group notified the holders of the 2020 notes to redeem the notes not purchased in the recent tender offer. Following that, the remaining outstanding notes will be redeemed on April 10 at a make-whole redemption price.

Proceeds of the $500 million offering will also be used to pay related fees and expenses as well as for general corporate purposes, including potential repurchases of the holding company's class A common shares.

Also, Lazard Group's cash tender offer for up to $250 million of its outstanding 4.250% senior notes due Nov. 14, 2020, has expired.

The holding company disclosed a total consideration of $1,022.18 per $1,000 principal amount of the notes validly tendered and not validly withdrawn.