Bank of America Investment Banking Pitch Book slide image

Bank of America Investment Banking Pitch Book

Market Update Since BOREAS 1/19/16 Proposal 45 40 20 15 10 1/2/2015 LON MS SHOW DIN B0% Market continues to reflect significant volatility. However, RHO's stock price is up 30.3% since BOREAS proposal while retail peer selected companies (¹) are down (4.0%) and RMZ is up 1.0% RHO $17.58 (30 VIX - Since 2015 HUCO mervent Uw WTI Crude - YTD /2014/ / / / / / 13/06/5/3/ 1/19/2016 1/17/2016 Ma 1/10/2016 Source: FactSet, Lipper, and Bloomberg os of February 2, 2016 (2) Retail peer selected companies include PEL, CL, and WPG. Other retail selected companies include SPG, GGP, MAC, TOO, and SKT. Shown for informational purposes. SSE Composite Index Fund flows excluding ETFS. 1/19/2016 11/201 WTI Crude (14) Preliminary, Subject to Further Review and Revision Bank of America Merrill Lynch 22.50 +30.3% WPG $8.66 (8.2%) S&P 500 $1,903.03 +1.2% WTI Crude $30.85 +4.9% PEI $19.39 (0.3%) Other retail selected companies (2) +2.3% FTSE 100 $5,922.01 +2.0% 10-Year Treasury 1.87 (16bps) CBL $10.55 (2.9%) RMZ $1,053.57 +1.0% Shanghai Stock Exchange (3) $2,749.57 (5.2%) REIT Funds Flow (4) ($371mm)
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