Bluewave Corporation Ltd

CIF-01294 · U76293AU2014PLC101294 · Healthcare · Syndicated · Australia

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RM: Benjamin Jones
Credit Risk Manager: Sarah Brown
Exposure: $30.38M
CBRB: Normal
Internal: Normal
Risk Score:35 · Medium
Total Exposure
$30.38M
Prev: $30.13M0.8%
Utilization
43.0%
Prev: 46.6%3.6pp
Banking Relationships
6
Prev: 60.0
CBRB Rating
Normal
Prev: Normal
Internal Rating
Normal
Prev: Normal
Open Alerts
4
C 0
H 1
M 1
L 2

Exposure Trend Analysis · 24 Months

Funded · Non-Funded · Total

Utilization Trend · Reporting Bank vs Other Banks

Threshold 70%

Rating Migration Timeline

2024-07
OLEM
Start
2025-03
Normal
Upgrade

Banking Relationship Trend · Number of Banks (CBRB)

Increase Decrease No Change

Alert History · 7

DateAlert TypeSeverityDescriptionStatusAssigned ToResolved
1/14/2026Utilization Above 70%MediumFacility utilization breached the 70% early-warning threshold.
Open
James Smith
5/7/2026Exposure ReductionLowSystem-wide exposure declined materially over the prior month.
Dismissed
Ryan Harris
6/7/2026Utilization Above 70%HighFacility utilization breached the 70% early-warning threshold.
Open
Michael Miller
2/21/2026Rating UpgradeLowBorrower rating improved to Normal.
In Review
Matthew Sanchez
1/23/2026Decrease in Number of BanksHighOne or more banks have exited the relationship.
Dismissed
Grace Lee
4/19/2026Decrease in Number of BanksMediumOne or more banks have exited the relationship.
Dismissed
Sophia Thompson
5/22/2026Exposure IncreaseLowSystem-wide exposure increased materially over the prior month.
Open
Matthew Sanchez

AI Risk Score

35
/ 100
Medium Risk
Low
0-30
Med
31-60
High
61-80
Crit
81-100

Risk Driver Analysis

CBRB Rating Migration+15
Banking Relationship Growth+15
Utilization Level+11
Industry Concentration+11
Exposure Growth Trend+5
Internal Rating Drift+5

AI Risk Commentary

AI
Customer exposure increased by 0.8% month-over-month, currently at $30.38M. Banking relationships moved from 6 to 6 banks per CBRB data. CBRB rating remained stable from Normal to Normal. Current utilization is 43.0%. Overall borrower risk is assessed as medium.

Recommended Actions

Review Credit Facility Structure
High
Schedule Customer Meeting
Medium
Reassess Collateral Coverage
Medium
Escalate to Credit Committee
Low
Initiate Monthly Monitoring
Medium

Relationship Team

Relationship Manager
Benjamin Jones
benjamin.jones@bank.com
+1 555 0209
Portfolio: $2.38B
Credit Risk Manager
Sarah Brown
sarah.brown@bank.com
+1 555 0022
Portfolio: $2.17B
Business Head
Sophia Thompson
sophia.thompson@bank.com
+1 555 0088
Portfolio: $2.03B
MonthFundedNon-FundedTotalUtilizationBanksRating
2026-06$18.66M$11.71M$30.38M43.0%6Normal
2026-05$15.92M$14.21M$30.13M46.6%6Normal
2026-04$17.35M$13.90M$31.24M46.6%6Normal
2026-03$17.93M$14.52M$32.45M45.0%6Normal
2026-02$18.05M$14.18M$32.23M50.8%6Normal
2026-01$19.95M$10.44M$30.39M47.7%6Normal
2025-12$20.33M$10.84M$31.17M44.9%7Normal
2025-11$17.22M$13.67M$30.90M48.6%7Normal
2025-10$21.10M$10.80M$31.91M47.4%7Normal
2025-09$16.89M$13.71M$30.60M50.5%6Normal
2025-08$16.32M$12.36M$28.68M51.3%6Normal
2025-07$15.88M$12.06M$27.94M46.2%6Normal