KCS financial news

BoxcabE50 Feb 12, 2008

  1. BoxcabE50

    BoxcabE50 Staff Member TrainBoard Supporter

    60,932
    5,775
    651
  2. Hytec

    Hytec TrainBoard Member

    12,324
    2,407
    166
    That's interesting, Ken, though the article didn't indicate what percentage of KCS is held by Deutsche Bank. It looks like at least some of the large international banks and brokerage houses are viewing US Class-1s as a growth industry. It's sad, but I'm afraid it will take many years before the majority of our government's policy-makers realize this and start supporting balanced domestic infra-structure.
     
  3. BoxcabE50

    BoxcabE50 Staff Member TrainBoard Supporter

    60,932
    5,775
    651
    Back during the early 1990's, I spent a few moments looking at the debt behind what was BN at the time. Debts that would be maturing at that time, into the early 2000's. I was surprised by how much appeared to be still owed to European interests. Going back to the days of constructing GN, NP, etc. A lot of financing of our late 1800's railroad building was backed from Europe. I wonder how much is still there today? It might be a surprising picture!

    Boxcab E50
     

Share This Page