BRUSSELS Jan 12 Fortis Holding's FOR.BR
special purpose vehicle Royal Park Investments, which was set up
to hold the toxic assets of Fortis Bank, has raised 4.3 billion
euros ($6.25 billion), marking a slow revival in the market for
structured financial products, reports Belgian newspaper De
Royal Park Investments raised the cash through a placing
with mostly U.S. institutional investors, the paper said on
Fortis was broken apart along national lines in October 2008
following the banking crisis and now consists of insurance
activities in home market Belgium and across the world as well
as a share of toxic assets held by Royal Park Investments.
Fortis Holding has a 44.7 percent stake in the vehicle, the
Belgian government holds 43.5 percent and the remaining 11.8
percent belongs to BNP Paribas (BNPP.PA), De Tijd said.
(Writing by Ben Deighton; Editing by Greg Mahlich)