Moody's cuts Tunisia to junk; could cut further

NEW YORK Thu Feb 28, 2013 10:43am EST

NEW YORK Feb 28 (Reuters) - Moody's Investors Service on Thursday cut Tunisia's rating to junk and warned it could slide further, citing political instability and delays in adopting a new constitution.

The rating agency cut Tunisia's government debt rating to Ba1, from Baa3, and put the rating on review for further downgrade, Moody's said in a statement.