After an extremely slow start to the year, issuance of U.S. collateralized loan obligations is picking up speed.

As of Feb. 27, 2014, U.S. CLO issuance for the year totaled $10.0 billion, according to research published today by Wells Fargo. While that is still well below the $15.9 billion issued in the first two months of 2013, February 2014’s volume of $7.5 billion is more than double January’s and higher than February 2013’s volume of $6.8 billion.

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