On March 11, 2019, Lazard Group LLC (Lazard Group), a subsidiary of Lazard Ltd, completed its previously announced offering of an aggregate principal amount of $500 million of Lazard Groups 4.375% Senior Notes due 2029 (the Notes) in a registered public offering to Lazard Groups shelf registration statement on Form S-3, filed with the Securities and Exchange Commission (the Commission) on May 2, 2017 (Registration No. 333-217599).

The Notes were issued to a ninth supplemental indenture, dated March 11, 2019 (the Ninth Supplemental Indenture), between Lazard Group and The Bank of New York Mellon, as trustee, to an indenture, dated May 10, 2005 (the Indenture), between Lazard Group and The Bank of New York Mellon (formerly known as The Bank of New York), as trustee. The Notes bear interest at the rate of 4.375% per year. Interest on the Notes is payable on March 11 and September 11 of each year, beginning on September 11, 2019. The Notes will mature on March 11, 2029. Lazard Group may, at its option, redeem some or all of the Notes at any time by paying the applicable redemption prices set forth in the Indenture and the Ninth Supplemental Indenture. In addition, holders of the Notes may require the Company to repurchase the Notes upon the occurrence of a change of control triggering event. The Notes are senior unsecured obligations of Lazard Group and rank equally with all of its other existing and future senior unsecured indebtedness. Neither Lazard Ltd nor any of Lazard Groups subsidiaries will guarantee the Notes. The Indenture and Ninth Supplemental Indenture contain certain covenants, events of default and other customary provisions.

On March 5, 2019, Lazard Group entered into an underwriting agreement (the Underwriting Agreement) with Citigroup Global Markets Inc., as representative of the several underwriters listed on Schedule I thereto (collectively, the Underwriters), to which Lazard Group agreed to sell and the Underwriters agreed to purchase, subject to and upon terms and conditions set forth therein, the Notes.

The foregoing descriptions of the Notes, the Indenture, the Ninth Supplemental Indenture and the Underwriting Agreement are only a summary and are qualified in their entirety by reference to the full text of the Indenture, the Ninth Supplemental Indenture and the Underwriting Agreement. A copy of the Ninth Supplemental Indenture is attached hereto as Exhibit 4.1, a copy of the Indenture is attached as Exhibit 4.1 to Lazard Groups Registration Statement (File No. 333-126751) on Form S-4 filed on July 21, 2005, a copy of the Underwriting Agreement is attached hereto as Exhibit 1.1 and each is incorporated herein by reference.

The information in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.

On March 11, 2019, Lazard Ltd issued a press release announcing the pricing of Lazard Groups previously announced cash tender offer for any and all of Lazard Groups 4.250% Senior Notes due November 14, 2020 (the 2020 Notes). A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

On March 11, 2019, Lazard Ltd issued a separate press release announcing the completion of the offering of the Notes by Lazard Group. Lazard Group previously announced its intention to use a portion of the net proceeds from the offering of the Notes to repurchase or redeem any and all of the outstanding 2020 Notes, and to pay fees and expenses related to the foregoing, and to use the remaining amount for general corporate purposes, including potential repurchases of shares of Lazard Ltds Class A common stock. In that regard, the press release also announced the delivery of a notice of redemption by Lazard Group to redeem any and all of the 2020 Notes to all holders of the 2020 Notes. A copy of the press release is attached hereto as Exhibit 99.2 and is incorporated herein by reference.