Railroad Cost of Capital-2020

• Citation: 86 FR 8983
• Record Number: 2021-02754
• Published date: 10 February 2021
• Section: Notices
• Court: Surface Transportation Board

Federal Register, Volume 86 Issue 26 (Wednesday, February 10, 2021)

[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