Riverstone Credit Opportunities Income

Final Results for the year ended 31 December 2020
RNS Number : 4987P
Riverstone Credit Opps. Inc PLC
18 February 2021
 

Riverstone Credit Opportunities Income Plc 

Final results for the year ended 31 December 2020

London, UK 18 February 2021: Riverstone Credit Opportunities Income Plc ("RCOI" or the "Company") announces its Annual Results for the year from 1 January 2020 to 31 December 2020.

 

 

Summary Performance

 

31 December 2020

Key Financials (Audited)                                                                 

 

NAV

$95.53 million

NAV per share

$1.04

Market capitalisation

$62.5 million

Share Price

$0.68

Total comprehensive income for the year

$7.43 million

 

Quarterly Dividend

§  Riverstone Credit Opportunities Income Plc ("RCOI" or the "Company") is pleased to announce that the dividend for the quarter ending 31 December 2020 of 2.00 cents per share, has been declared by the Directors, payable on 26 March 2021 to holders of ordinary shares on the register at the close of business on 26 February 2021 (ex-dividend date is 25 February 2021). Dividends with respect to the year ended 31 December 2020 are 7.00 cents per share.

§  The Company's  Annual Report and Financial Statements and quarterly factsheet will be located on the Company's website, www.RiverstoneCOI.com.

 

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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 infrastructure and infrastructure service focused 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:

 

Daniel Lim

+1 212 271 6266

 

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