Moody's Investors Service assigned an Aa2 long-term and VMIG 1 short-term letter of credit-backed ratings ahead of plans by J.R. Simplot Corp. to sell $45 million in bonds to fund a solid waste disposal project.

The Industrial Development Corporation of Power County, Idaho is expected to issue on Dec. 28 the limited obligation Idaho solid waste disposal revenue bonds on behalf of the Boise, Idaho based agricultural company best known for growing potatoes that supply french fries to McDonald's.

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