---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-049007"
form_type: "8-K"
ticker: "ALIT"
cik: "0001809104"
company_name: "Alight, Inc. / Delaware"
filed_at: "2023-09-20T23:59:59+00:00"
generated_at: "2026-06-10T12:20:15.143382+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Alight subsidiary reprices $2.5B term loans, reduces interest rate by 25 bps

## Summary
- Fifth Incremental Term Loans of $2,507,387,234.32 established to refinance existing Term B-1 Loans.
- Interest rate reduced from SOFR+3.00% to SOFR+2.75%, saving 25 basis points.
- New loans mature August 31, 2028; quarterly principal payments equal 0.25% of principal.
- Prepayment premium of 1% applies if refinanced within six months of the amendment.
- Joint lead arrangers include BofA, Barclays, BMO, Citibank, Credit Suisse, Goldman Sachs, JPMorgan, Morgan Stanley, RBC.

## SEC filing metadata
- accession: 0000950170-23-049007
- form_type: 8-K
- ticker: ALIT
- cik: 0001809104
- company_name: Alight, Inc. / Delaware
- filed_at: 2023-09-20T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1809104/000095017023049007/0000950170-23-049007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1809104/000095017023049007/alit-20230920.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-049007
- JSON: https://secwatch.observer/filing/0000950170-23-049007.json
- Plain text: https://secwatch.observer/filing/0000950170-23-049007.txt

## Key facts
- Debt Financings
  Alight, Inc. / Delaware amended term loan of $2,507,387,234.32 with syndicate of lenders at SOFR + 2.75% maturing August 31, 2028.
  - Instrument: term loan
  - Principal: $2,507,387,234.32
  - Counterparty: syndicate of lenders
  - Rate: SOFR + 2.75%
  - Maturity: August 31, 2028
  - Event: amendment
  source text: On September 20, 2023, Tempo Acquisition, LLC (the “Borrower”), an indirect, wholly-owned subsidiary of Alight, Inc. (the “Company”) entered into Amendment No. 9 to Credit Agreement (the “Amendment”) which amended its credit agreement with a syndicate of lenders (the “Credit Agreement” and the Credit Agreement as amended by the Amendment, the “Amended Credit Agreement”) to establish a new class of Fifth Incremental Term Loans with an aggregate principal amount of $2,507,387,234.32 to effect a repricing of the outstanding Initial Term B-1 Loans due August 31, 2028, by reducing the Applicable Rate (as defined in the Amended Credit Agreement) from a SOFR + 3.00% to SOFR + 2.75%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1809104/000095017023049007/0000950170-23-049007-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.