Columbia Cent CLO 30 Ltd. refinanced its class A-1-R, A-2-R, B-1-R, B-2-R, C-R, and D debt on Oct. 24, 2025, through an optional redemption and replacement debt issuance. After analyzing the changes to the transaction, we assigned our ratings to the replacement class A-1-R2, A-2-R2, B-1-R2, B-2-R2, C-R2, and D-R2 debt. At the same time, we withdrew our ratings on the outstanding class A-1-R, A-2-R, B-1-R, B-2-R, C-R, and D debt following payment in full. We also affirmed our ratings on the class X-R and E debt, which were not refinanced. The ratings reflect our view of the credit support available to the refinanced debt after examining the transaction's new capital structure and payment mechanics. ENGLEWOOD (S&P Global Ratings) Oct.