Lazard, Inc. Announces Results of Consent Solicitation and Offer to Guarantee Lazard Group LLC Senior Notes
Portfolio Pulse from
Lazard, Inc. has successfully received the required consents from holders of Lazard Group LLC senior notes to adopt proposed amendments to the indenture. This is part of their consent solicitation and offer to guarantee the notes.
December 11, 2024 | 11:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Lazard, Inc. has successfully obtained consents for amendments to the indenture of Lazard Group LLC senior notes, indicating a positive step in their financial strategy.
The successful consent solicitation and offer to guarantee the senior notes suggest a positive financial maneuver by Lazard, potentially improving their credit standing and investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90