Riverstone Credit Opps. Inc PLC Final results for the half year ended 30 June 2021 (3620I)
August 12 2021 - 2:00AM
UK Regulatory
TIDMRCOI
RNS Number : 3620I
Riverstone Credit Opps. Inc PLC
12 August 2021
Riverstone Credit Opportunities Income Plc
Final results for the half year ended 30 June 2021
London, UK 12 August 2021: Riverstone Credit Opportunities
Income Plc ("RCOI" or the "Company") announces
its Half Year Results for the period (the "Period") from 01 January 2021 to 30 June 2021.
Highlights
-- Key Financials
o NAV as at 30 June 2021 $94.74 million
o NAV per share as at 30 June 2021 $1.03
o Market capitalisation at 30 June
2021 $78.50 million
o Profit/(loss) during period $2.59 million
-- As of 30 June 2021, RCOI had a NAV per share of $1.03.
Quarterly Distribution
-- Riverstone Credit Opportunities Income Plc ("RCOI" or the
"Company") is pleased to announce the interim distribution for the
quarter ending 30 June 2021 of 1.8 cents per share, has been
declared by the Directors, payable on 24 September 2021 to holders
of ordinary shares on the register at the close of business on 20
August 2021 (ex-distribution date is 19 August 2021).
-- The Company's factsheet will be located on the Company's
website, www.RiverstoneCOI.com .
RCOI's Prospectus is available to view at: www.RiverstoneCOI.com
.
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 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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