NEW YORK (S&P Global Ratings) Aug. 12, 2021--S&P Global Ratings today said it expects Tempo Acquisition LLC (B+/Stable/--; doing business as Alight Inc.) to use the proceeds from its proposed $450 million incremental first-lien term loan to fund acquisitions, including its purchase of the Aon Retiree Health Exchange, that will expand the company's core health solutions offerings, strengthen its ability to service its customers' retirees, and accelerate its organic revenue growth prospects in the mature health solutions industry segment. We expect the transaction to lead to a moderate increase in Alight's leverage, though this does not affect our 'B+' issuer credit rating and stable outlook on the company or our 'BB-' issue-level rating and '2' recovery rating on its first-lien
