It’s no longer raining repricings — this week investors weathered a notable doc change request, alongside LBO, acquisition and recap financings, with a shower of pre-marketed transactions.

However after a particularly sunny Q3 for loans and bonds, investors are forecasting a partly cloudy pipeline.

“There have been some bad quality deals — we’re passing on quite a lot,” said a buysider. “I’m sure there will be bits and pieces with some refinancing activity, but in terms of new LBOs I don’t think there’s a whole lot.”