March 19 (Reuters) - Fortescue Metals Group Ltd FMG.AX :
* LAUNCH OF HIGH YIELD BOND OFFERING
* LAUNCHED A BOND OFFERING OF US$750 MILLION OF SENIOR UNSECURED NOTES
* INTENDED THAT PROCEEDS FROM OFFERING WILL BE USED TO REPAY FORTESCUE'S US$750 MILLION 2022 SENIOR UNSECURED NOTE