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// DRILLS / ISSUE 09 / THE TUESDAY LIST
ISSUE 09 · 2026-09-23 · 6 MIN READ

The Tuesday List

PORTFOLIO TRIAGE, 8:30AM

PORTFOLIO · EARLY WARNING · DIFFICULTY 3/5

// THE MEETING
PortfolioUS$27.5m · 8 names
FormatWeekly portfolio review
Capacity2 intensive-care slots
YouChair the review
TimeTuesday, 8:30am

You have ten minutes. What do you do?

Read the file

// THE SETUP

This drill is a different shape. There is no single borrower and no facility request — there is a portfolio, a weekly review, and a constraint. Eight names are on this morning's list, anonymised A through H the way they would be on a real review pack. Your intensive-care process — weekly contact, updated security position, workout-team shadowing — has capacity for exactly two names this quarter.

Every name on the list deserves attention. That is why it is a list. The question a portfolio review actually answers is narrower and harder: with limited capacity, which two files can the bank still change the ending of?

The pack is below. You have ten minutes before the meeting. Pick your two.

// THE LIST
PORTFOLIO REVIEW PACK · NAMES ANONYMISED · COMPOSITE — FICTIONAL
ACivil contractorUS$4.2mDSCR 1.1× · fully securedWeak but stable for two years; trading steady
BF&B processorUS$3.1mDSCR 1.8× · covenants cleanMonthlies late twice in a row; CFO resigned last month
CNational 3PLUS$5.5mStable · margin thinningTop-customer contract renewal 14 months out
DImport distributorUS$2.8mDSCR 2.0× · cleanAuditor changed downward mid-engagement; asked to defer covenant test date
ERegional motel groupUS$1.9mOccupancy −4ptsSlow drift; covenants still comfortable
FEquipment hireUS$6.0mUtilisation −6% · pricing holdsLargest exposure; performing
GHorticulture packhouseUS$2.4mOne-off loss (weather)Insurance claim pending; season event, explained
HPrint & marketing servicesUS$1.6mRevenue −8%/yr, 3 yearsStructural decline; amortising down on schedule

Convention note: real review packs anonymise names for exactly this reason — the discipline is in reading signals, not reputations.

// YOUR JUDGMENT

Which two names get the intensive-care slots?

// CURRENT ISSUE · This is the newest drill. The next one publishes when it is ready.