Columbia Cent CLO 30 Ltd. Notes Assigned Preliminary Ratings - S&P Global Ratings’ Credit Research

Columbia Cent CLO 30 Ltd. Notes Assigned Preliminary Ratings

Columbia Cent CLO 30 Ltd. Notes Assigned Preliminary Ratings - S&P Global Ratings’ Credit Research
Columbia Cent CLO 30 Ltd. Notes Assigned Preliminary Ratings
Published Jan 15, 2021
4 pages (1670 words) — Published Jan 15, 2021
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

Columbia Cent CLO 30 Ltd.'s issuance is a CLO securitization backed by primarily broadly syndicated speculative-grade senior secured term loans that are governed by collateral quality tests. We assigned our preliminary ratings to the class X, A-1, A-2, B, C, D, and E notes. The preliminary ratings reflect our view of the transaction's credit enhancement and legal structure, among other factors. CENTENNIAL (S&P Global Ratings) Jan. 15, 2021--S&P Global Ratings today assigned its preliminary ratings to Columbia Cent CLO 30 Ltd./Columbia Cent CLO 30 Corp.'s floating-rate notes (see list). The note issuance is a CLO securitization backed by primarily broadly syndicated speculative-grade (rated 'BB+' and lower) senior secured term loans that are governed by collateral quality tests. The preliminary ratings

  
Brief Excerpt:

...- Columbia Cent CLO 30 Ltd.'s issuance is a CLO securitization backed by primarily broadly syndicated speculative-grade senior secured term loans that are governed by collateral quality tests. - We assigned our preliminary ratings to the class X, A-1, A-2, B, C, D, and E notes. - The preliminary ratings reflect our view of the transaction's credit enhancement and legal structure, among other factors. CENTENNIAL (S&P Global Ratings) Jan. 15, 2021--S&P Global Ratings today assigned its preliminary ratings to Columbia Cent CLO 30 Ltd./Columbia Cent CLO 30 Corp.'s floating-rate notes (see list). The note issuance is a CLO securitization backed by primarily broadly syndicated speculative-grade (rated '##+' and lower) senior secured term loans that are governed by collateral quality tests. The preliminary ratings are based on information as of Jan. 15, 2021. Subsequent information may result in the assignment of final ratings that differ from the preliminary ratings. The preliminary ratings reflect...

  
Report Type:

Ratings Action

Issuer
Sector
Structured Finance
Country
Region
Latin America
Format:
PDF Adobe Acrobat
Buy Now

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Columbia Cent CLO 30 Ltd. Notes Assigned Preliminary Ratings" Jan 15, 2021. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/s-and-p-credit-research/Columbia-Cent-CLO-30-Ltd-Notes-Assigned-Preliminary-Ratings-2580684>
  
APA:
S&P Global Ratings’ Credit Research. (). Columbia Cent CLO 30 Ltd. Notes Assigned Preliminary Ratings Jan 15, 2021. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/s-and-p-credit-research/Columbia-Cent-CLO-30-Ltd-Notes-Assigned-Preliminary-Ratings-2580684>
  
US$ 150.00
$  £  €
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.