An arranger group led by RBC Capital Markets and Stone Point Capital Markets has accelerated the deadline for the $135 million non-fungible incremental first-lien term loan for LegalShield, previously known as Pre-Paid Legal Services Inc., to noon ET Sept. 11, versus 5 p.m. ET on Monday, Sept. 14 originally, according to sources. No other changes were made.

Price talk is L+400, with a 1% Libor floor and an issue price of 98. Lenders are offered six months of 101 soft call protection. The incremental TLB will be co-terminus but non-fungible with the issuer's existing covenant-lite first-lien term loan due May 2025 (L+325, 0% Libor floor) that currently totals approximately $713 million.

At talk, the yield to maturity is roughly 5.61%.

Proceeds from the loan, along with cash on hand, will be used to refinance the issuer's existing $180 million second-lien term loan due May 2026 (L+750, 0% Libor floor).

S&P Global Ratings affirmed corporate and first-lien issue level ratings of B, but revised the recovery rating on the loan to 4, from 3. Moody's affirmed the B2 corporate rating and lowered the first-lien rating to B2, from B1. Outlooks are stable from both rating agencies.

LegalShield, based in Ada, Okla., is a subscription-based provider of legal plans and a provider of identity-theft services. The company is owned by Stone Point Capital, Further Global Capital Management, MidOcean Partners and management.