Riverstone Cred Regulatory News (RCOI)

Riverstone Credit Opportunities Income Plc

Portfolio Update

London, UK 20 December 2019: Riverstone Credit Opportunities Income Plc ("RCOI" or the "Company") has announced that it has originated and executed two new transactions together with its affiliated private vehicles during Q4 2019:

§ Project Ducks - RCOI participated in a $65 million first lien delayed-draw term loan for a sponsor-backed exploration and production company with operations focused in Weld County, Colorado, which is in the Denver-Julesburg Basin. At closing, $13.8 million was committed by RCOI. The first lien term loan has a maturity of November 2022 and an expected all-in yield to maturity of 13.6 per cent. on a fully-drawn basis.

§ Project Knox - RCOI participated in a $75 million first lien delayed-draw term loan for a sponsor-backed midstream company that will provide propane transportation from the Corpus Christi, Texas area to the export market in Houston, Texas. At closing, $14.8 million was committed by RCOI. The first lien term loan has a maturity of December 2022 with a 1-year extension option and an expected all-in yield to maturity of 11.1 per cent. on a fully-drawn basis.

Following the closing of these transactions, RCOI is 82 per cent. committed and 41 per cent. invested. Capital that has been committed but not yet invested is generating income through undrawn fees. The team continues to actively evaluate a pipeline of additional transactions.

- Ends -

About Riverstone Credit Opportunities Income Plc:

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. 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 an initial focus on North America. RCOI intends to create a diversified portfolio across basins, commodities, and end-markets to provide natural synergies and hedges that could enhance the overall stability of the portfolio.

For further details, see www.RiverstoneCOI.com

Neither the contents of RCOI's website nor the contents of any website accessible from hyperlinks on the websites (or any other website) is incorporated into, or forms part of, this announcement.

Media Contacts

For Riverstone Credit Opportunities Income Plc:

Daniel Lim

+1 212 271 6266