Fitch Downgrades Tunisia to 'B+'; Outlook Stable
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Fitch Ratings has downgraded Tunisia's Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to 'B+' from 'BB-'. The Outlook is Stable. The issue ratings on Tunisia's senior unsecured bonds have also been downgraded to 'B+' from 'BB-'. Fitch has affirmed the Short-Term Foreign and Local Currency IDRs at 'B'. The Country Ceiling has been revised down to 'BB-' from 'BB'.