Today's re-ratings were thin and heavily clustered on a single day, so treat this as an early snapshot rather than an established trend: within the credit-leaning cohort, Motor trade ran at 2.7x its share of today's re-ratings and Food & beverage service at 2.0x — both worth flagging, but each resting on only six companies. The firmest volume signal was pattern-based rather than sectoral: "Bank entry" accounted for 26 of today's 683 re-ratings, with "Bank exit" close behind on 18, well ahead of any other archetype. Exit-leaning moves showed no notable sector or regional concentration, so today's texture sits squarely on the borrowing-appetite side.
Anonymised by design: cohorts and counts only, never a named company.
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