June 11 (Reuters) - Fairfax Financial Holdings Ltd FFH.TO :
* FAIRFAX LAUNCHES C$500 MILLION SENIOR NOTES OFFERING
* FAIRFAX FINANCIAL HOLDINGS - INTENDS TO OFFER C$500 MILLION IN OF SENIOR NOTES DUE 2029 TO BE PRICED AT C$99.952 PER C$100 PRINCIPAL AMOUNT
* FAIRFAX FINANCIAL HOLDINGS - INTENDS TO USE PROCEEDS OF OFFERING TO REFINANCE OR REPAY OUTSTANDING DEBT OR OTHER CORPORATE OBLIGATIONS OF FAIRFAX, UNITS
* FAIRFAX FINANCIAL-PROCEEDS NOT USED TO REFINANCE OR REPAY DEBT WILL BE USED TO AUGMENT FAIRFAX'S CASH POSITION, TO PURSUE POTENTIAL ACQUISITION OPPORTUNITIES