May 4 (Reuters) - New Gold Inc NGD.TO :
* New Gold announces launch of $300 million senior notes offering to fund the redemption of its outstanding $300 million 7.00pct senior notes
* New Gold - intends to use proceeds from offering with cash on hand, to fund redemption of outstanding $300 million 7.00pct senior notes due 2020
* New Gold Inc- commenced an offering of $300 million aggregate principal amount of senior notes due 2025 Source text for Eikon: ID:nPn3BPzF7a Further company coverage: NGD.TO