Rail carriers: Cost of capital Railroad industry's 1999 decision,
FR, December 10, 1999 › Notices › Surface Transportation Board
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Federal Register: December 10, 1999 (Volume 64, Number 237)NoticesPage 69320From the Federal Register Online via GPO Access [wais.access.gpo.gov]
DOCID:fr10de99-110
DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
STB Ex Parte No. 558 (Sub-No. 3)Railroad Cost of Capital--1999
AGENCY: Surface Transportation Board, DOT.
ACTION: Notice of decision instituting a proceeding to determine the railroads' 1999 cost of capital.
SUMMARY: The Board is instituting a proceeding to determine the railroad industry's cost of capital for 1999. The decision solicits comments on: (1) the railroads' 1999 cost of debt capital; (2) the railroads' 1999 current cost of preferred stock equity capital; (3) the railroads' 1999 cost of common stock equity capital; and (4) the 1999 capital structure mix of the railroad industry on a market value basis.
DATES: Notices of intent to participate are due no later than January 14, 2000. A service list will then be prepared and issued by January 28, 2000. Statements of the railroads are due by March 31, 2000. Statements of other interested persons are due by April 21, 2000. Rebuttal statements by the railroads are due by May 12, 2000.
ADDRESSES: Send an original and 10 copies of statements and a copy of the statement on a 3.5 inch disk in WordPerfect 6.1, and an original and 1 copy of the notice of intent to participate to: Surface Transportation Board, Office of the Secretary, Case Control Branch, 1925 K Street, NW., Washington, DC 20423.
FOR FURTHER INFORMATION CONTACT: Leonard J. Blistein, (202) 565-1529.
TDD for the hearing impaired: (202) 565-1695.SUPPLEMENTARY INFORMATION: Additional information is contained in the Board's decision. To obtain a copy of the full decision, write to, call, or pick up in person from: Office of the Secretary, Surface Transportation Board, 1925 K Street, NW., Room 100, Washington, DC 20423. Telephone: (202) 565-1674. [Assistance for the hearing impaired is available through TDD services (202) 565-1695.] A copy of the decision can also be obtained from the Board's Internet site (www.stb.dot.gov).
We preliminarily conclude that the proposed action will not significantly affect either the quality of the human environment or the conservation of energy resources.
Authority: 49 U.S.C. 10704(a).
Decided: December 6, 1999.
By the Board, Chairman Morgan, Vice Chairman Clyburn, and Commissioner Burkes. Vernon A. Williams, Secretary.
FR Doc. 99-32080Filed12-9-99; 8:45 amBILLING CODE 4915-00-P
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