Riverstone Credit Opps. Inc PLC Interim Management Statement (2043Z)
20 May 2021 - 4:00PM
UK Regulatory
TIDMRCOI
RNS Number : 2043Z
Riverstone Credit Opps. Inc PLC
20 May 2021
Riverstone Credit Opportunities Income Plc
Interim Management Statement
London, UK 20 May 2021: Riverstone Credit Opportunities Income
Plc ("RCOI" or the "Company") is issuing this Interim Management
Statement ("IMS") for the period from 01 January 2021 to 31 March
2021 (the "Period").
Summary Performance
31 March 2021
Key Financials
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
Quarterly Distribution
-- 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).
-- The Company's quarterly factsheet will be located on the
Company's website, www.RiverstoneCOI.com .
- 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, 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.
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:
Jingcai Zhu
+1 212-271-6261
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END
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