Riverstone Cred Regulatory News (RCOI)

Riverstone Credit Opportunities Income Plc

Quarterly Factsheet and Portfolio Update

London, UK 14th January 2020: Riverstone Credit Opportunities Income Plc ("RCOI" or the "Company") is pleased to announce that the Fact Sheet for the quarter ended 30 September 2019 is now available on its website https://www.riverstonecoi.com/.

In addition, the Company announces it has realized an investment and executed a new transaction:

§ Project Shiner - $6mm first lien commitment made in June 2019 with a July 2021 maturity has been repaid early by the sponsor-backed operator. The Company received $4.9mm on the $4.3mm invested (as at December 31, 2019) which represented a 49.1% IRR and a 1.15x Multiple on Invested Capital.

§ Project Beach II - RCOI purchased from the market an allocation in a first lien term loan that was previously originated by and currently in the portfolio of Riverstone's private credit funds. The loan is to a sponsor-backed services company that is a leading, independent transloader of proppant in the US. At closing in January 2020, $8.7mm was committed by RCOI. The first lien term loan has a stated maturity of June 2020 and an expected all-in yield to maturity of 14.4 per cent for RCOI. on a fully-drawn basis.

Following these transactions, RCOI is 84 per cent. committed and 48 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 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:

Daniel Lim

+1 212 271 6266