"Regent’s penalty for default is 2%."

Regent has been notified by Bank of America that it’s raising the
interest rate on its debt by 2% and won’t make any additional credit
extensions after it defaulted last month. Regent says it's in
discussions with to work out a new deal with its lenders.

http://www.insideradio.com/

Eduardo, what is Univisions penalty going to be, when it defaults? LOL!