Nov 28 (Reuters) - Fairfax Financial Holdings Ltd FFH.TO :
* FAIRFAX LAUNCHES C$650 MILLION SENIOR NOTES OFFERING
* SAYS INTENDS TO OFFER C$650 MILLION IN AMOUNT OF SENIOR NOTES DUE 2027 TO BE PRICED AT $99.992 PER $100 PRINCIPAL AMOUNT
* SAYS SENIOR NOTES WILL BE UNSECURED OBLIGATIONS OF FAIRFAX AND WILL PAY A FIXED RATE OF INTEREST OF 4.25% PER ANNUM
* SAYS TO USE PROCEEDS TO REFINANCE OR REPAY OUTSTANDING DEBT OR OTHER CORPORATE OBLIGATIONS OF FAIRFAX AND ITS SUBSIDIARIES