78 FR 41 pg. 13933 - Railroad Cost of Capital—2012
Type: NOTICEVolume: 78Number: 41Page: 13933
Docket number: [Docket No. EP 558 (Sub-No. 16)]
FR document: [FR Doc. 2013-04728 Filed 2-28-13; 8:45 am]
Agency: Transportation Department
Sub Agency: Surface Transportation Board
Official PDF Version: PDF Version
DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[Docket No. EP 558 (Sub-No. 16)]
Railroad Cost of Capital-2012
AGENCY:
Surface Transportation Board, DOT.
ACTION:
Notice of decision instituting a proceeding to determine the railroad industry's 2012 cost of capital.
SUMMARY:
The Board is instituting a proceeding to determine the railroad industry's cost of capital for 2012. The decision solicits comments on the following issues: (1) The railroads' 2012 current cost of debt capital; (2) the railroads' 2012 current cost of preferred equity capital (if any); (3) the railroads' 2012 cost of common equity capital; and (4) the 2012 capital structure mix of the railroad industry on a market value basis. Comments should focus on the various cost of capital components listed above using the same methodology followed in Railroad Cost of Capital-2011, EP 558 (Sub-No. 15) (STB served Sept. 13, 2012).
DATES:
Notices of intent to participate are due by March 29, 2013. Statements of the railroads are due by April 19, 2013. Statements of other interested persons are due by May 10, 2013. Rebuttal statements by the railroads are due by May 31, 2013.
ADDRESSES:
Comments may be submitted either via the Board's e-filing system or in the traditional paper format. Any person using e-filing should comply with the instructions at the E-FILING link on the Board's Web site, at http://www.stb.dot.gov. Any person submitting a filing in the traditional paper format should send an original and 10 copies to: Surface Transportation Board, Attn: Docket No. EP 558 (Sub-No. 16), 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 Information Relay Service (FIRS) at (800) 877-8339.
SUPPLEMENTARY INFORMATION:
The Board's decision is posted on the Board's Web site, http://www.stb.dot.gov. Copies of the decision may be purchased by contacting the Board's Office of Public Assistance, Governmental Affairs, and Compliance at (202) 245-0238. Assistance for the hearing impaired is available through FIRS at (800) 877-8339.
This action will not significantly affect either the quality of the human environment of the conservation of energy resources.
Authority:
49 U.S.C. 10704(a).
Decided: February 25, 2013.
By the Board, Chairman Elliott, Vice Chairman Begeman, and Commissioner Mulvey.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2013-04728 Filed 2-28-13; 8:45 am]
BILLING CODE 4915-01-P