Lazard intends to issue fixed-rate senior notes via two dealers

By Devika Patel

Knoxville, Tenn., Sept. 12 – Lazard Group LLC plans to conduct an offering of dollar-denominated fixed-rate senior notes, according to a 424B5 filing with the Securities and Exchange Commission.

The notes feature a make-whole call and then a par call.

Citigroup Global Markets Inc. is the bookrunner, and Lazard Freres & Co. LLC is joint lead manager.

Proceeds will be used to repurchase or redeem up to $250 million of the company’s 4.25% senior notes due 2020 in a cash tender offer and for general corporate purposes.

Lazard is a New York-based financial advisory and asset management firm.

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