...OVERVIEW + Columbia Cent CLO 28 Ltd./Columbia Cent CLO 28 LLC's note issuance is an CLO transaction backed primarily by broadly syndicated speculative-grade senior secured term loans. + We assigned our ratings to the class X, A-1, A-2, B, C, and D notes. + The ratings reflect our view of the transaction's credit enhancement, legal structure, and diversified collateral portfolio, among other factors. NEW YORK (S&P Global Ratings) Nov. 7, 2018--S&P Global Ratings today assigned its ratings to Columbia Cent CLO 28 Ltd./Columbia Cent CLO 28 LLC's floating-rate notes (see list). This is a reissue of Cent CLO 22 Ltd., which originally closed in October 2014 and was refinanced in November 2016. We withdrew our ratings on Cent CLO 22 Ltd. The note issuance is a collateralized loan obligation (CLO) transaction backed primarily by broadly syndicated speculative-grade senior secured term loans. The ratings reflect: + The diversified collateral pool, which consists primarily of broadly syndicated speculative-grade...
