"A market disruption has never happened in Canada. But if it does, we want this market event to be interpreted the same way under every liquidity agreement."--Sean O'Connor, senior v.p. in structured finance at Dominion Bond Rating Service in New York, explaining the agency's review of minimum liquidity requirements for leveraged super senior deals.
"A market disruption has never happened in Canada. But if it does, we want this market event to be interpreted the same way under every liquidity agreement."
