Riverstone Credit Opportunities Income PLC - London-based energy infrastructure and energy transition credit investor - Says unaudited net asset value per share for its second quarter ended June 30 up by 1.4% to $1.07, from $1.06 on March 31. Riverstone Credit says this rise was driven by continued strong performance of the unrealised portfolio and a successful refinancing. Riverstone Credit says, based on current portfolio commitments and the addition of a revolving credit facility in the fourth quarter of last year, it is nearly fully invested as of June 30.

Chair Reuben Jeffrey says: ‘The company continues to be a beneficiary of the current interest rate environment with a strategy focused on floating rate, short duration loans that are designed to capture the elevated value for our shareholders in the rapidly changing macro environment.’

Current stock price: 537.00 pence, up 0.4% in London on Friday morning

12-month change: down 13%

Copyright 2023 Alliance News Ltd. All Rights Reserved