20 May 2021 07:00
Riverstone Credit Opportunities IncomeΒ Plc
Interim Management Statement
London, UK 20 May 2021: Riverstone Credit OpportunitiesΒ Income Plc ("RCOI" orΒ the "Company")Β is issuing this Interim Management Statement ("IMS") for the period from 01 January 2021 to 31 MarchΒ 2021 (the "Period").
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Summary Performance
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31 March 2021
Key Financials
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NAV | $95.56 million |
NAV per share | $1.04 |
Market capitalisation | $80.56 million |
Share Price | $0.88 |
Total comprehensive income for the period | $1.86 million |
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Quarterly Distribution
Β§ Riverstone Credit Opportunities Income Plc ("RCOI" or the "Company") is pleased to announce that the distribution for the period ending 31 March 2021 of 1.7 cents per share, has been declared by the Directors, payable on 25 June 2021 to holders of ordinary shares on the register at the close of business on 28 May 2021 (ex-distribution date is 27 May 2021).
Β§ The Company's quarterly factsheet will be located on the Company's website, www.RiverstoneCOI.com.
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- Ends -
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About Riverstone Credit Opportunities IncomeΒ Plc:
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RCOI seeks to generate consistent Shareholder returns predominantly in the form of income distributions, principally by making senior secured loans to small and middle-market energy companies, which span conventional energy as well as low carbon and renewable sources. The investment strategy is predicated on asset-based lending, with conservative loan-to-value ratios and structural protective features to mitigate risk. The Company will invest broadly across energy subsectors globally, with a primary focus on infrastructure businesses and going forward those with de-carbonization strategies in North America. RCOI intends to create a diversified portfolio across basins, commodities, technologies and end-markets to provide natural synergies and hedges that could enhance the overall stability of the portfolio.
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For further details, see https://www.riverstonecoi.com/.
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Neither theΒ contents of RCOI's websiteΒ norΒ theΒ contents ofΒ anyΒ website accessible from hyperlinks on the websitesΒ (or anyΒ otherΒ website) isΒ incorporated into, orΒ forms part of, this announcement.
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Media Contacts
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ForΒ Riverstone Credit Opportunities IncomeΒ Plc:
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Jingcai Zhu
+1 212-271-6261
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