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2016-04-29 — fortune.com
``Speaking to reporters on Wednesday, Governor Alejandro Garcia Padilla said "there will be a default on Monday," adding, "I don't think there is a deal on the table that avoids a default." Puerto Rico's Government Development Bank, the island's primary fiscal agent, owes creditors $422 million on Monday, a payment Garcia Padilla has said the bank cannot afford.''
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