Quarterly Dividend Declaration and Trading Update

Riverstone Credit Opps. Inc PLC

18 May 2023

 

Riverstone Credit Opportunities Income Plc

("RCOI" or the "Company")

Quarterly Dividend Declaration and Trading Update

The Company is pleased to announce that the distribution for the quarter ending 31 March 2023 of 2.0 cents per share, has been declared by the Directors, payable on 23 June 2023 to holders of ordinary shares on the register at the close of business on 2 June 2023 (ex-distribution date is 1 June 2023).

Any such dividend payment to Shareholders may take the form of either dividend income or "qualifying interest income" which may be designated as an interest distribution for UK tax purposes and therefore subject to the interest streaming regime applicable to investment trusts. Of this dividend declared of 2.0 cents per share, 0.5019 cents is declared as dividend income with 1.4981 cents treated as qualifying interest income.

Reuben Jeffery III, Chairman of RCOI commented:

"We are pleased to declare RCOI's Q1 distribution of 2.0 cents per share, which is in line with the Company's stated target.

This was another period of strong performance given the level of deployment and elevated interest rate environment, both key indicators for the Company's returns. On this basis I believe the Company is ideally placed to continue delivering compelling risk adjusted returns from existing investments and through new opportunities from our attractive pipeline.

At a macro level, facilitating the decarbonization of energy infrastructure, along with ensuring energy security, reliability and affordability, are critical issues requiring significant investment both in the US and beyond. Given these factors, the current environment remains highly attractive for the Company's investment strategy."

For Riverstone Credit Opportunities Income Plc:

Adam Weiss                                                    [phone]

Media Contacts:

Buchanan
Helen Tarbet Henry Wilson Verity Parker	Tel: [phone] Tel: [phone] Tel: [phone] Email: [e-mail]

About Riverstone Credit Opportunities Income Plc:

RCOI lends to companies that build and operate the infrastructure used to generate, transport, store and distribute both renewable and conventional sources of energy, and companies that provide services to that infrastructure. RCOI is strategically repositioning towards companies seeking to facilitate the energy transition by decarbonizing the energy, industrial and agricultural sectors, building sustainable infrastructure and reducing or sequestering carbon emissions. The Company seeks to ensure that its investments are having a positive impact on climate change by structuring each deal as either a green loan or a sustainability-linked loan, documented using industry best practices.

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.

 

END