[Federal Register Volume 86, Number 26 (Wednesday, February 10, 2021)]
[Notices]
[Page 8983]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2021-02754]


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SURFACE TRANSPORTATION BOARD

[Docket No. EP 558 (Sub-No. 24)]


Railroad Cost of Capital--2020

AGENCY: Surface Transportation Board.

ACTION: Notice of decision instituting a proceeding to determine the 
railroad industry's 2020 cost of capital.

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SUMMARY: The Board is instituting a proceeding to determine the 
railroad industry's cost of capital for 2020. The decision solicits 
comments on the following issues: The railroads' 2020 current cost of 
debt capital; the railroads' 2020 current cost of preferred equity 
capital (if any); the railroads' 2020 cost of common equity capital; 
and the 2020 capital structure mix of the railroad industry on a market 
value basis.

DATES: Notices of intent to participate are due by March 29, 2021. 
Statements of the railroads are due by April 19, 2021. Statements of 
other interested persons are due by May 10, 2021. Rebuttal statements 
by the railroads are due by June 2, 2021.

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. 
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 4, 2021.

    By the Board, Board Members Begeman, Fuchs, Oberman, Primus, and 
Schultz.
Aretha Laws-Byrum,
Clearance Clerk.
[FR Doc. 2021-02754 Filed 2-9-21; 8:45 am]
BILLING CODE 4915-01-P