Railroad Cost of Capital-2022
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Issuing agencies
Abstract
The Board is instituting a proceeding to determine the railroad industry's cost of capital for 2022. The decision solicits comments on the following issues: the railroads' 2022 current cost of debt capital, the railroads' 2022 current cost of preferred equity capital (if any), the railroads' 2022 cost of common equity capital, and the 2022 capital structure mix of the railroad industry on a market value basis.
Full Text
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<title>Federal Register, Volume 88 Issue 28 (Friday, February 10, 2023)</title>
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[Federal Register Volume 88, Number 28 (Friday, February 10, 2023)]
[Notices]
[Page 8984]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-02928]
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SURFACE TRANSPORTATION BOARD
[Docket No. EP 558 (Sub-No. 26)]
Railroad Cost of Capital--2022
AGENCY: Surface Transportation Board.
ACTION: Notice.
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SUMMARY: The Board is instituting a proceeding to determine the
railroad industry's cost of capital for 2022. The decision solicits
comments on the following issues: the railroads' 2022 current cost of
debt capital, the railroads' 2022 current cost of preferred equity
capital (if any), the railroads' 2022 cost of common equity capital,
and the 2022 capital structure mix of the railroad industry on a market
value basis.
DATES: Notices of intent to participate are due by March 21, 2023.
Statements of the railroads are due by April 11, 2023. Statements of
other interested persons are due by May 2, 2023. Rebuttal statements by
the railroads are due by May 23, 2023.
ADDRESSES: Comments may be filed with the Board via e-filing on the
Board's website.
FOR FURTHER INFORMATION CONTACT: Pedro Ramirez at (202) 245-0333. If
you require an accommodation under the Americans with Disabilities Act,
please call (202) 245-0245.
SUPPLEMENTARY INFORMATION: The decision in this proceeding is posted at
<a href="http://www.stb.gov">www.stb.gov</a>.
Authority: 49 U.S.C. 10704(a).
Decided: February 7, 2023.
By the Board, Board Members Fuchs, Hedlund, Oberman, Primus, and
Schultz.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2023-02928 Filed 2-9-23; 8:45 am]
BILLING CODE 4915-01-P
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