Railroad Cost of Capital-2023
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Issuing agencies
Abstract
The Board is instituting a proceeding to determine the railroad industry's cost of capital for 2023. The decision solicits comments on the following issues: the railroads' 2023 current cost of debt capital, the railroads' 2023 current cost of preferred equity capital (if any), the railroads' 2023 cost of common equity capital, and the 2023 capital structure mix of the railroad industry on a market value basis.
Full Text
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<title>Federal Register, Volume 89 Issue 34 (Tuesday, February 20, 2024)</title>
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[Federal Register Volume 89, Number 34 (Tuesday, February 20, 2024)]
[Notices]
[Page 12939]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-03374]
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SURFACE TRANSPORTATION BOARD
[Docket No. EP 558 (Sub-No. 27)]
Railroad Cost of Capital--2023
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 2023. The decision solicits
comments on the following issues: the railroads' 2023 current cost of
debt capital, the railroads' 2023 current cost of preferred equity
capital (if any), the railroads' 2023 cost of common equity capital,
and the 2023 capital structure mix of the railroad industry on a market
value basis.
DATES: Notices of intent to participate are due by April 2, 2024.
Statements of the railroads are due by April 23, 2024. Statements of
other interested persons are due by May 14, 2024. Rebuttal statements
by the railroads are due by June 4, 2024.
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 13, 2024.
By the Board, Board Members Fuchs, Hedlund, Oberman, Primus, and
Schultz.
Stefan Rice,
Clearance Clerk.
[FR Doc. 2024-03374 Filed 2-16-24; 8:45 am]
BILLING CODE 4915-01-P
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