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RCOI - Riverstone Credit Opportunities Income News Story

$0.868 0.0  0.0%

Last Trade - 15/10/21

Small Cap
Market Cap £57.8m
Enterprise Value £54.5m
Revenue £7.11m
Position in Universe 1187th / 1785

Riverstone Credit - Portfolio Update

RNS Number : 9425I
Riverstone Credit Opps. Inc PLC
18 August 2021

Riverstone Credit Opportunities Income Plc


Portfolio Update


London, UK 18 August 2021: Riverstone Credit Opportunities Income Plc ("RCOI" or the "Company") has announced it has fully realised one investment: 

§ Project Sailfish Realisation - On 10 February 2021, RCOI committed $6.5 million as part of a $165.0 million first lien term loan co-led by RCP, to a private midstream company that is a leading provider of long haul marine transportation services for chemical, petroleum, and clean petroleum product cargoes in the U.S. Jones Act trade operating along the U.S. Gulf, East and West Coast. On 13 August 2021, as part of an acquisition, the loan was fully realized and resulted in a 27.7 percent realised IRR and 1.13x realised MOIC.



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 energy-related companies. We lend to companies working to drive change and deliver solutions across the energy sector, spanning renewable as well as conventional sources, with a primary focus on infrastructure assets. Our aim is to build a portfolio that generates an attractive and consistent risk adjusted return for our investors.


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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