According to S&P Global's latest assessment, the ongoing restructuring of Ukraine's defaulted debt portion will not significantly impact the country's capacity to meet its other debt obligations. The rating agency's analysis suggests that despite the challenging debt environment, Ukraine can still manage its remaining debt service payments. This stance reflects S&P's confidence in the nation's financial resilience, even as it navigates complex debt negotiations. For investors tracking emerging market risks and sovereign credit dynamics, this assessment carries weight—it signals that creditors expect differentiated treatment between restructured and current debt payments. The distinction matters for understanding counterparty risk and broader capital flows in regional markets.