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Lazard Announces Redemption of 3.625% Senior Notes Due March 1, 2027 Issued by Lazard Group LLC

1. Lazard will redeem $97 million in senior notes on Sept 18, 2025.

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Why Bullish?

Redeeming debt can improve LAZ's credit profile and reduce interest expenses, potentially boosting stock prices. Historically, firms reducing debt often see positive market reactions.

How important is it?

The announcement directly involves LAZ's financial management, impacting investor sentiment and potential stock value through efficient capital management.

Why Long Term?

The redemption indicates a positive financial strategy that may enhance long-term investor confidence and stock performance. Similar cases have shown improved financial stability over time.

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TWFCBAC
NEW YORK--(BUSINESS WIRE)--Lazard, Inc. (NYSE: LAZ) announced today that its subsidiary Lazard Group LLC (“Lazard Group”) will redeem all of the issued and outstanding 3.625% Senior Notes due March 1, 2027 (the “Notes”) on September 18, 2025 (the “Redemption Date”). The Notes were issued pursuant to the indenture, dated as of May 10, 2005 (as amended, the “Indenture”), between Lazard Group and The Bank of New York Mellon, as trustee, and have an aggregate principal amount outstanding of $97,027.

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