From Bloomberg-Yahoo Puerto Rico Agency Poised to Default on $58 Million Bond Payment

http://www.bloomberg.com/news/articles/2015-08-03/puerto-rico-agency-poised-to-default-on-58-million-bond-payment?cmpid=yhoo

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A Puerto Rico agency is poised to default Monday, initiating a clash with creditors as the struggling commonwealth seeks to renegotiate its $72 billion debt load. Island officials had said that Puerto Rico may skip the payment on the bonds, which can be made as late as Monday because Aug. 1 fell on a Saturday.

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