S&P says Ukraine is no longer in default on debtWASHINGTON, United States, Jan 23, 2026 (BSS/AFP) - Ukraine is no longer considered in default after completing an exchange of securities following a missed 2025 payment, S&P Global Ratings said Thursday. Ukraine had missed a $0.67 billion payment in June 2025 on the warrants, said S&P, which lifted its assessment from "selective default" to CCC+/C. A "small" portion of Ukraine's commercial debt remains in default, but S&P said Ukraine is engaged in restructuring talks with creditors and that the funds in question represent less than 2.5 percent of Ukraine's total outstanding commercial debt. "Despite ongoing diplomatic efforts, the terms and timing of a potential ceasefire remain unclear, as Russia and Ukraine strongly disagree on ceasefire preconditions, including border disputes and security guarantees for Ukraine," S&P said. At the end of 2025, Ukraine reached a new agreement with the International Monetary Fund for more than $8 billion over five years.

Source: Bangladesh Sangbad Sangstha January 23, 2026 03:47 UTC