NEW YORK (S&P Global Ratings) July 11, 2019--S&P Global Ratings today said that its ratings on Tempo Acquisition LLC (Alight Inc.; B/Stable/--) are unaffected by the company's proposed $280 million senior note add-on. Alight will use the net proceeds from this add-on to fund its acquisition of Hodges-Mace LLC, an employee benefits technology and enrollment services provider. Our 'B' issue-level rating and '3' recovery rating on Alight's first-lien credit facilities remain unchanged. The '3' recovery rating indicates our expectation for meaningful (50%-70%; rounded estimate: 55%) recovery of principal and interest in the event of a payment default. Our 'CCC+' issue-level rating and '6' recovery rating on the company's senior notes also remain unchanged. The '6' recovery rating indicates our expectation
