Alight Increases Credit Facility by $30 Million

Alight ( (ALIT) ) has issued an announcement.

On May 30, 2025, Alight, Inc.’s subsidiary, Tempo Acquisition, LLC, amended its credit agreement to establish a new incremental revolving credit facility, increasing commitments by $30 million to a total of $330 million. This amendment replaces previous commitments and extends the maturity date to May 31, 2030, with specific refinancing conditions by June 1, 2028. The interest rates for the facility are tied to the Borrower’s consolidated first lien net leverage ratio, and certain fees are required in connection with the amendment.

The most recent analyst rating on (ALIT) stock is a Hold with a $8.00 price target. To see the full list of analyst forecasts on Alight stock, see the ALIT Stock Forecast page.

Spark’s Take on ALIT Stock

According to Spark, TipRanks’ AI Analyst, ALIT is a Neutral.

Alight’s overall stock score reflects significant challenges in profitability and valuation, balanced by a strong balance sheet and positive earnings call. The company’s growth strategy and technological advancements provide a positive outlook, but operational and market challenges remain.

To see Spark’s full report on ALIT stock, click here.

More about Alight

Average Trading Volume: 9,551,323

Technical Sentiment Signal: Sell

Current Market Cap: $2.86B

Learn more about ALIT stock on TipRanks’ Stock Analysis page.