Cameron, Houston, (NYSE: CAM) has priced a public offering of $250 million aggregate principal amount of 4.50% senior notes due 2021, $250 million aggregate principal amount of 5.95% senior notes due 2041 and $250 million of floating rate notes priced at 3 Mo. LIBOR + 0.93%, due 2014. The sale of the senior notes is expected to settle on June 2, 2011, subject to customary closing conditions. Cameron intends to use the net proceeds from the offering to purchase or redeem the company's 2.50% convertible senior notes due 2026 and for general corporate purposes.

J.P. Morgan Securities LLC, Morgan Stanley & Co. Incorporated, Citigroup Global Markets Inc., Credit-Suisse Securities (USA) LLC, and RBS Securities Inc. are acting as book runners for the senior notes offering. In addition, Banco Bilbao Vizcaya Argentaria S.A., Standard Chartered Bank and UBS Securities LLC, are acting as senior co-managers