Company: LAZ
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001628280-25-021162
Chunk: 61

Company: Lazard, Inc.
Filing Date: 2025-05-01
Form: 10-Q
Item: Part I, Item 1
Chunk 61
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 Accumulated depreciation and amortization  344,457 332,840 Property, net $168,190 $160,402 

9.    GOODWILL

Changes in the carrying amount of goodwill for the three month periods ended March 31, 2025 and 2024 are as follows: Three Months Ended March 31,20252024Financial AdvisoryAsset ManagementTotalFinancial AdvisoryAsset ManagementTotalBalance, January 1$312,305 $81,270 $393,575 $313,628 $81,270 $394,898 Foreign currency translation adjustments528 – 528 (800)– (800)Balance, March 31$312,833 $81,270 $394,103 $312,828 $81,270 $394,098 

21

LAZARD, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS-(Continued)(UNAUDITED)(dollars in thousands, except for per share data, unless otherwise noted)

10.    SENIOR DEBT

Senior debt is comprised of the following as of March 31, 2025 and December 31, 2024: Outstanding as ofMarch 31, 2025December 31, 2024InitialPrincipalAmountMaturityDateAnnual InterestRateEffective Interest RatePrincipalUnamortizedDebt CostsCarryingValuePrincipalUnamortizedDebt CostsCarryingValueLazard Group    2027 Senior    Notes300,000 3/1/273.625 %3.81 %$300,000 $1,073 $298,927 $300,000 $1,213 $298,787 Lazard Group    2028 Senior    Notes500,000 9/19/284.50 %4.70 %500,000 3,528 496,472 500,000 3,783 496,217 Lazard Group    2029 Senior    Notes500,000 3/11/294.375 %4.56 %500,000 3,645 496,355 500,000 3,875 496,125 Lazard Group    2031 Senior    Notes 400,000 3/15/316.00 %6.16 %400,