Alight reprices $2.49B term loans, cuts spread to SOFR+2.25% from +2.75%

Alight, Inc. / Delaware

New Sixth Incremental Term Loans of $2,488,581,830.32 refinance all outstanding Fifth Incremental Term Loans due 2028.
Applicable rate reduced from SOFR+2.75% to SOFR+2.25%, lowering interest expense.
Amendment includes waiver from lenders of mandatory prepayment obligation tied to pending asset sale.
Maturity remains August 31, 2028; quarterly principal payments unchanged at 0.25% per quarter.

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