Alight reprices $2.03B Term Loans; rate cut 50 bps to SOFR+1.75%

Alight, Inc. / Delaware

New Seventh Incremental Term Loans of $2,029,917,465.32 replace existing Sixth Incremental Term Loans due 2028.
Applicable Rate reduced from SOFR+2.25% to SOFR+1.75%, lowering interest cost on the term debt.
Net proceeds from new loans used to prepay and refinance all outstanding Sixth Incremental Loans in full.
Maturity date unchanged at August 31, 2028; quarterly principal repayments remain at 0.25% of face value.
Amendment includes a 1% prepayment premium if refinanced with lower all-in yield within six months.

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