While bank CEOs pontificate in Davos this week, their subordinates in the leveraged finance trenches have had a flood of deals to work on, with 10 loans launched this week, largely repricings aiming to take advantage of strong conditions.

“Credit spreads are low and expectations for rate cuts are mounting. Companies with high cost of debt have to take advantage of this environment as it could turn out to be just a market window,” a senior banker said.