Riverstone Credit Opportunities Income Plc originates and executes two new transactions during Q4 2019

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Riverstone Credit Opportunities Income Plc originates and executes two new transactions during Q4 2019

  • Riverstone Credit Opportunities Income Plc (LON: RCOI) during Q4 2019 has originated and executed two new transactions together with its affiliated private vehicles.
  • As per the company it participated in Project Ducks, a $65 million first lien delayed-draw term loan for a sponsor-backed exploration and production company with operations focused in Weld County, Colorado.
  • It also participated in Project Knox, a $75 million first lien delayed-draw term loan for a sponsor-backed midstream company that will offer propane transportation from the Corpus Christi.
  • After these transactions, the company is eighty-two per cent committed and forty-one per cent invested.

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