Puerto Rico To Default On Some Bonds January 1 - Live Feed

"Puerto Rico governor Alejandro Garcia Padilla is set to address the island's debt problem at a press conference on Wednesday.

• PUERTO RICO SAYS IT WILL DEFAULT ON SOME DEBT DUE JAN. 1
• PUERTO RICO TO MISS $1.4 MILLION DUE ON PFC BONDS DUE JAN. 1
• PUERTO RICO TO MISS $35.9 MILLION DUE ON PRIFA BONDS
• PUERTO RICO TO MAKE JAN. 1 GENERAL OBLIGATION DEBT PAYMENT

Nearly $1 billion comes due on Friday, some $330 million of which is GO debt. Because a full payment is next to impossible, Padilla must decide who gets paid and who doesn't..."

at http://www.zerohedge.com/news/2015-12-30/puerto-rico-governor-addresses-imminent-default-live-feed