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Wednesday, April 7, 2010 as of 11:14 AM ET

Cameron International

Cameron International Corporation (formerly Cooper Cameron Corporation, CCC), , is a Fortune 500 company and a global provider of pressure control, processing, flow control and compression systems as well as project management and aftermarket services for the oil and gas and process industries.

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High-Grade Companies Sell $3.1 Billion, Sentiment Weakens

High-grade corporate issuers sold $3.

1 billion of new debt Monday despite continued deterioration in sentiment and a broad market selloff.Kellogg Co. (K) led the way with a three-part, $1.45 billion issue aimed at raising funds in connection with its $2.7 billion acquisition of potato chip maker Pringles.The cereal maker's deal comprised three-, five-, and 10-year maturities offering yields of 1.165%, 1.864%, and 1.774%, respectively, or 0.80, 1.15, and 1.45 percentage points over comparable Treasurys.The five- and 10-year coupons of 1.75% and 3.125%, respectively, were record lows for the company, according to Standard & Poor's LCD.Among smaller deals, waste collector Republic Services (RSG) issued $850 million to redeem some 2017 bonds, Cameron International (CAM) sold $500 million to acquire a drilling equipment business from TTS Group ASA (TTS.OS), and Westar Energy expanded a prior debt issue by $300 million.The four deals came on a day when broader sentiment was unraveling for a ...

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