Columbia Cent CLO 30 Ltd. Debt Assigned Ratings In Connection With Refinancing - S&P Global Ratings’ Credit Research

Columbia Cent CLO 30 Ltd. Debt Assigned Ratings In Connection With Refinancing

Columbia Cent CLO 30 Ltd. Debt Assigned Ratings In Connection With Refinancing - S&P Global Ratings’ Credit Research
Columbia Cent CLO 30 Ltd. Debt Assigned Ratings In Connection With Refinancing
Published Aug 14, 2024
6 pages (2268 words) — Published Aug 14, 2024
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

Columbia Cent CLO 30 Ltd. refinanced its class X, A-1, A-2, B, and C debt on Aug. 14, 2024, through an optional redemption and replacement debt issuance. After analyzing the changes to the transaction, we assigned ratings to the replacement class X-R, A-1-R, A-2-R, B-1-R, B-2-R, and C-R debt; and withdrew our ratings on the class X, A-1, A-2, B, and C debt following payment in full. We also affirmed our ratings on the class D and E debt, which was not refinanced. The ratings reflect our view of the credit support available to the refinanced debt after examining the new capital structure and payment mechanics. CHICAGO (S&P Global Ratings) Aug. 14, 2024--S&P Global Ratings today assigned its ratings to

  
Brief Excerpt:

...- Columbia Cent CLO 30 Ltd. refinanced its class X, A-1, A-2, B, and C debt on Aug. 14, 2024, through an optional redemption and replacement debt issuance. - After analyzing the changes to the transaction, we assigned ratings to the replacement class X-R, A-1-R, A-2-R, B-1-R, B-2-R, and C-R debt; and withdrew our ratings on the class X, A-1, A-2, B, and C debt following payment in full. We also affirmed our ratings on the class D and E debt, which was not refinanced. - The ratings reflect our view of the credit support available to the refinanced debt after examining the new capital structure and payment mechanics. CHICAGO (S&P Global Ratings) Aug. 14, 2024--S&P Global Ratings today assigned its ratings to the class X-R, A-1-R, A-2-R, B-1-R, B-2-R, and C-R replacement debt from Columbia Cent CLO 30 Ltd./Columbia Cent CLO 30 Corp., a CLO managed by Columbia Cent CLO Advisers LLC, that was originally issued in January 2021. At the same time, we withdrew our ratings on the class X, A-1, A-2,...

  
Report Type:

Ratings Action

Issuer
Sector
Structured Finance
Country
Region
Latin America
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Columbia Cent CLO 30 Ltd. Debt Assigned Ratings In Connection With Refinancing" Aug 14, 2024. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Columbia-Cent-CLO-30-Ltd-Debt-Assigned-Ratings-In-Connection-With-Refinancing-3230102>
  
APA:
S&P Global Ratings’ Credit Research. (). Columbia Cent CLO 30 Ltd. Debt Assigned Ratings In Connection With Refinancing Aug 14, 2024. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Columbia-Cent-CLO-30-Ltd-Debt-Assigned-Ratings-In-Connection-With-Refinancing-3230102>
  
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