Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRiverstone Cred Regulatory News (RCOI)

Share Price Information for Riverstone Cred (RCOI)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.925
Bid: 0.91
Ask: 0.94
Change: 0.00 (0.00%)
Spread: 0.03 (3.297%)
Open: 0.925
High: 0.00
Low: 0.00
Prev. Close: 0.925
RCOI Live PriceLast checked at -
Riverstone Credit Opportunities Income is an Investment Trust

To generate consistent shareholder returns predominantly in the form of income distributions principally by making senior secured loans to energy-related businesses.

Find out More

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Portfolio Update

2 Dec 2021 07:00

RNS Number : 2649U
Riverstone Credit Opps. Inc PLC
02 December 2021
 

Riverstone Credit Opportunities Income Plc

 

Portfolio Update

 

London, UK 2 December 2021: Riverstone Credit Opportunities Income Plc ("RCOI" or the "Company") has announced it has originated one new investment:

§ Streamline Innovations, Inc.- RCOI participated in a $20.0 million first lien delayed-draw term loan to a sponsor-backed leader in environmentally-advanced treatment solutions and equipment for hydrogen sulfide (H2S) in energy, renewable fuels, wastewater, landfill gas, biogas, and industrial processes. At closing on 23 November 2021, $6.8 million was committed by RCOI and $1.6 million was drawn at closing.

The first lien term loan has a maturity of November 2024 and an estimated all-in yield to maturity of 11.1 percent for RCOI on a fully-drawn basis. The term loan is structured as a sustainability-linked loan, whereby the loan pricing steps up unless a sustainability target is met that is tied to new construction of H2S treating plants, which eliminate poisonous H2S gas and reduce toxic sulfur dioxide (SO2) emissions by eliminating routine flaring.

 

 

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, 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's goal is to create a diversified portfolio across basins, commodities, technologies and end-markets to provide natural synergies and hedges with the aim of delivering enhanced overall stability across the portfolio.

For further details, see https://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:

 

Adam Weiss

+1 212 271 2953

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
PFUFSSFIFEFSEFE
Date   Source Headline
12th Aug 20217:00 amRNSInterim Report & Unaudited Financial Statements
11th Aug 20212:32 pmRNSHolding(s) in Company
10th Aug 20214:36 pmRNSHolding(s) in Company
5th Aug 20219:45 amRNSHolding(s) in Company
23rd Jul 20217:00 amRNS2Q21 Portfolio Valuations & Recent Activity
7th Jul 20213:13 pmRNSHolding(s) in Company
2nd Jul 20217:00 amRNSPortfolio Update
1st Jul 20217:00 amRNSHolding(s) in Company
28th Jun 20217:00 amRNSPortfolio Update
25th Jun 20213:15 pmRNSHolding(s) in Company
10th Jun 20217:01 amRNSHolding(s) in Company
10th Jun 20217:01 amRNSHolding(s) in Company
10th Jun 20217:01 amRNSHolding(s) in Company
10th Jun 20217:00 amRNSPortfolio Update
20th May 20217:00 amRNSInterim Management Statement
19th May 20214:42 pmRNSResult of AGM
23rd Apr 20217:00 amRNS1Q21 Portfolio Valuations & Recent Activity
21st Apr 20217:00 amRNSPortfolio Update
16th Apr 20217:04 amRNSHolding(s) in Company
16th Apr 20217:03 amRNSHolding(s) in Company
16th Apr 20217:02 amRNSHolding(s) in Company
16th Apr 20217:01 amRNSHolding(s) in Company
16th Apr 20217:00 amRNSHoldings in Company Explanation
9th Apr 20217:00 amRNSPortfolio Update
1st Apr 20217:00 amRNSNotice of AGM
12th Mar 20217:00 amEQSEdison Investment Research Limited: Riverstone Credit Opportunities Income (RCOI): initiation - Niche energy infrastructure lending
9th Mar 20217:00 amRNSPortfolio Update
18th Feb 20217:00 amRNSAnnual Report & Financial Statements
18th Feb 20217:00 amRNSFinal Results for the year ended 31 December 2020
12th Feb 20217:00 amRNSPortfolio Update
8th Feb 20219:27 amRNSDirector Declaration
26th Jan 20219:31 amRNSHolding(s) in Company
22nd Jan 20217:00 amRNS4Q2020 Portfolio Valuations & Recent Activity
11th Jan 20215:25 pmRNSHolding(s) in Company
7th Jan 20217:00 amRNSPortfolio Update
4th Jan 20217:00 amRNSTotal Voting Rights
22nd Dec 20207:00 amRNSTransaction in Own Shares
14th Dec 20204:39 pmRNSHolding(s) in Company
14th Dec 20207:00 amRNSTransaction in Own Shares
9th Dec 20207:00 amRNSTransaction in Own Shares
8th Dec 20207:00 amRNSTransaction in Own Shares
7th Dec 20207:00 amRNSTransaction in Own Shares
4th Dec 20207:00 amRNSTransaction in Own Shares
3rd Dec 20207:00 amRNSTransaction in Own Shares
2nd Dec 20207:00 amRNSTransaction in Own Shares
1st Dec 20207:00 amRNSTotal Voting Rights
1st Dec 20207:00 amRNSTransaction in Own Shares
30th Nov 20207:00 amRNSTransaction in Own Shares
27th Nov 202011:10 amRNSDirector/PDMR Shareholding
27th Nov 20207:00 amRNSTransaction in Own Shares

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.