Feb 24 (Reuters) - Fairfax Financial Holdings Ltd FFH.TO :
* FAIRFAX LAUNCHES C$850 MILLION SENIOR NOTES OFFERING
* FAIRFAX FINANCIAL HOLDINGS LTD - IT WILL ISSUE C$850 MILLION SENIOR NOTES DUE 2031
* FAIRFAX FINANCIAL HOLDINGS LTD - SENIOR NOTES WILL BE UNSECURED OBLIGATIONS OF FAIRFAX AND WILL PAY A FIXED RATE OF INTEREST OF 3.95% PER ANNUM
* FAIRFAX FINANCIAL HOLDINGS LTD - INTENDS TO USE NET PROCEEDS OF OFFERING TO REDEEM C$450 MILLION FAIRFAX'S 5.84% SENIOR NOTES DUE 2022
* FAIRFAX FINANCIAL HOLDINGS LTD - INTENDS TO USE NET PROCEEDS OF OFFERING TO REDEEM C$400 MILLION FAIRFAX'S 4.50% SENIOR NOTES DUE 2023