[Federal Register Volume 85, Number 42 (Tuesday, March 3, 2020)]
[Notices]
[Page 12648]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-04360]


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SURFACE TRANSPORTATION BOARD

[Docket No. EP 558 (Sub-No. 23)]


Railroad Cost of Capital--2019

AGENCY: Surface Transportation Board.

ACTION: Notice of decision instituting a proceeding to determine the 
railroad industry's 2019 cost of capital.

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SUMMARY: The Board is instituting a proceeding to determine the 
railroad industry's cost of capital for 2019. The decision solicits 
comments on the following issues: The railroads' 2019 current cost of 
debt capital; the railroads' 2019 current cost of preferred equity 
capital (if any); the railroads' 2019 cost of common equity capital; 
and the 2019 capital structure mix of the railroad industry on a market 
value basis.

DATES: Notices of intent to participate are due by March 30, 2020. 
Statements of the railroads are due by April 20, 2020. Statements of 
other interested persons are due by May 11, 2020. Rebuttal statements 
by the railroads are due by June 1, 2020.

ADDRESSES: Comments may be filed with the Board either via e-filing or 
in writing addressed to: Surface Transportation Board, 395 E Street SW, 
Washington, DC 20423-0001.

FOR FURTHER INFORMATION CONTACT: Pedro Ramirez at (202) 245-0333. 
Assistance for the hearing impaired is available through the Federal 
Relay Service at (800) 877-8339.

SUPPLEMENTARY INFORMATION: The decision in this proceeding is posted at 
www.stb.gov.

    Authority: 49 U.S.C. 10704(a).

    Decided: February 26, 2020.

    By the Board, Board Members Begeman, Fuchs, and Oberman.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2020-04360 Filed 3-2-20; 8:45 am]
 BILLING CODE 4915-01-P