Re-ratings nearly doubled to 3,259, but the standout is on the credit side: Accommodation is punching well above its weight among companies leaning toward secured borrowing (2.4x its share of today's re-ratings, albeit on just 9 names), with Construction (buildings) close behind at 1.9x on a firmer base of 27. On the exit side, Advertising & market research and Accommodation both show similar concentration, but with counts in single figures these read as early flags, not yet trends — with 90% of today's activity landing on one day, treat this as a first snapshot worth watching rather than an established pattern.
Anonymised by design: cohorts and counts only, never a named company.
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