TITLE

KCS RETOOLS LOAN REQUEST

AUTHOR(S)
Boyd, John D.
PUB. DATE
March 2011
SOURCE
Journal of Commerce (1542-3867);3/7/2011, Vol. 12 Issue 10, p90
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that Kansas City Southern (KCS) will redesign its federal loan request with focus on delivering broad public benefits as of March 2011. The Class I railroad operator's original request was a debt-refinancing application for 125 million dollars from the Railroad Rehabilitation and Improvement Financing Program (RRIF). The company will now ask for a long-term, low-interest federal credit for different capital projects that consider government priorities, such as green locomotives.
ACCESSION #
59258004

 

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