U.S. collateralized loan issuance showed encouraging signs of revving up last week as seven U.S. deals hit the market, bringing the final April tally of transactions to 16.

Trinitas CLO IV from Trinitas Capital Management was the final deal to price this week, with a $370 million notes transaction topped by triple-A rated notes paying Libor plus 175 basis points. Not including the Trinitas deal, JPMorgan reports total volume for U.S. CLO issuance in April at $5.9 billion, and at $14.3 billion year-to-date with 36 CLO deals being priced.

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