Filed Pursuant to Rule 424(b)(7)
Registration No. 333-136589
PROSPECTUS SUPPLEMENT
(TO PROSPECTUS DATED AUGUST 14, 2006)
$500,000,000
CAMERON
INTERNATIONAL CORPORATION
2.50% Convertible Senior Notes Due 2026
This document supplements our prospectus dated August 14, 2006, relating to $500,000,000 aggregate principal amount of our 2.50% convertible senior notes due 2026 and the common stock issuable upon conversion of the notes. You should read this prospectus supplement in conjunction with the accompanying prospectus, which is to be delivered by the selling securityholders named below to prospective purchasers along with this prospectus supplement.
Our common stock is traded on the New York Stock Exchange under the symbol CAM. On August 31, 2006, the last reported sale price of our common stock was $47.92 per share.
Investing in the notes and our common stock issuable upon their conversion involves certain risks. See Risk Factors beginning on page 8 of the accompanying prospectus.
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this prospectus supplement or the accompanying prospectus. Any representation to the contrary is a criminal offense.
The date of this prospectus supplement is September 1, 2006.
SELLING SECURITYHOLDERS
The following table sets forth recent information about the principal amount of notes and the number of shares of common stock issuable upon conversion of the notes that may be offered for each selling securityholders account pursuant to this prospectus supplement, in each case to the extent known to us as of the date of this prospectus supplement. The number of shares of common stock shown in the table below assumes conversion of the full amount of notes held by each holder at the initial conversion rate of 14.1328 shares per $1,000 principal amount of notes. This conversion rate is subject to adjustment as described under Description of the NotesConversion Rights. Accordingly, the number of shares of common stock issuable upon conversion of the notes may increase or decrease from time to time. Unless set forth below, to our knowledge none of the selling securityholders has had a material relationship with us or any of our predecessors or affiliates within the past three years.
The information in the following table supercedes in its entirety the information in the table under the caption Selling Securityholders in the accompanying prospectus dated as of August 14, 2006.
|
|
Principal |
|
Shares of |
|
|
|
|
|
|
|
Amount |
|
Shares of |
|
Common |
|
|
|
|
|
of Notes |
|
Common Stock |
|
Stock That |
|
|
|
|
|
Beneficially |
|
Percentage |
|
Beneficially |
|
May Be |
|
|
|
Owned that |
|
of Notes |
|
Owned Before |
|
Sold |
|
Name of Selling Securityholder |
|
May Be Sold |
|
Outstanding(1) |
|
Conversion(2)(3) |
|
Hereby(2) |
|
ADI Alternative Investments |
|
5,000,000 |
|
1.00 |
% |
70,664 |
|
70,664 |
|
ADI Alternative Investments c/o Kauista Masterfund Limited |
|
7,500,000 |
|
1.50 |
% |
105,996 |
|
105,996 |
|
ADI Alternative Investments c/o CASAN ADI CB Arbitrage Fund |
|
3,900,000 |
|
|
* |
55,117 |
|
55,117 |
|
Advent Capital |
|
|
|
|
|
|
|
|
|
1976 Distribution Trust fbo A.R. Lauder / Zinterhofer |
|
6,000 |
|
|
* |
84 |
|
84 |
|
2000 Revocable Trust fbo A.R. Lauder / Zinterhofer |
|
5,000 |
|
|
* |
70 |
|
70 |
|
Advent Convertible Arb Master Fund |
|
8,938,000 |
|
1.79 |
% |
126,318 |
|
126,318 |
|
Advent Multi Strat |
|
127,000 |
|
|
* |
1,794 |
|
1,794 |
|
Alcon Labratories |
|
427,000 |
|
|
* |
6,034 |
|
6,034 |
|
Arlington County Employees Retirement System |
|
613,000 |
|
|
* |
8,663 |
|
8,663 |
|
British Virgin Islands Social Security Board |
|
142,000 |
|
|
* |
2,006 |
|
2,006 |
|
City University of New York |
|
122,000 |
|
|
* |
1,724 |
|
1,724 |
|
FFVA Mutual Insurance Company |
|
75,000 |
|
|
* |
1,059 |
|
1,059 |
|
Florida Power and Light |
|
575,000 |
|
|
* |
8,126 |
|
8,126 |
|
Georgia Municipal Employee Benefit System |
|
1,750,000 |
|
|
* |
24,732 |
|
24,732 |
|
Governing Board Employees Benefit Plan of the City of Detroit |
|
8,000 |
|
|
* |
113 |
|
113 |
|
Grady Hospital Foundation |
|
117,000 |
|
|
* |
1,653 |
|
1,653 |
|
Healthcare Georgia Foundation |
|
40,000 |
|
|
* |
565 |
|
565 |
|
HFR Convertible Arbitrage Fund |
|
744,000 |
|
|
* |
10,514 |
|
10,514 |
|
Independence Blue Cross (KHPE Advent Convertible) |
|
800,000 |
|
|
* |
11,306 |
|
11,306 |
|
Lyxor Convertible Arbitrage Fund |
|
318,000 |
|
|
* |
4,494 |
|
4,494 |
|
New Orleans Firefighters Pension Relief Fund |
|
71,000 |
|
|
* |
1,003 |
|
1,003 |
|
Occidental Petroleum Corporation |
|
272,000 |
|
|
* |
3,844 |
|
3,844 |
|
Pro Mutual |
|
773,000 |
|
|
* |
10,924 |
|
10,924 |
|
Raytheon Enhanced Fund |
|
4,620,000 |
|
|
* |
65,293 |
|
65,293 |
|
Raytheon Multi Strat Fund |
|
513,000 |
|
|
* |
7,250 |
|
7,250 |
|
Raytheon Phoenix |
|
346,000 |
|
|
* |
4,889 |
|
4,889 |
|
San Francisco Public Employees Retirement Systems |
|
1,213,000 |
|
|
* |
17,143 |
|
17,143 |
|
Starvest Convertible Securities Fund |
|
31,000 |
|
|
* |
438 |
|
438 |
|
The Grable Foundation |
|
84,000 |
|
|
* |
1,187 |
|
1,187 |
|
The Police and Fire Retirement System of the City of Detroit |
|
600,000 |
|
|
* |
8,479 |
|
8,479 |
|
Trustmark Insurance Company |
|
380,000 |
|
|
* |
5,370 |
|
5,370 |
|
Argent Classic Convertible Arbitrage Fund Ltd. |
|
11,800,000 |
|
2.36 |
% |
166,767 |
|
166,767 |
|
Argent Funds Group LLC |
|
|
|
|
|
|
|
|
|
Argent Classic Convertible Arbitrage Fund II, L.P. |
|
290,000 |
|
|
* |
4,098 |
|
4,098 |
|
Argent Classic Convertible Arbitrage Fund L.P. |
|
1,560,000 |
|
|
* |
22,047 |
|
22,047 |
|
Argent LowLev Convertible Arbitrage Fund LLC |
|
100,000 |
|
|
* |
1,413 |
|
1,413 |
|
Argent LowLev Convertible Arbitrage Fund II LLC |
|
30,000 |
|
|
* |
423 |
|
423 |
|
Class C Trading Company Ltd. |
|
400,000 |
|
|
* |
5,653 |
|
5,653 |
|
Credit Agricole Structured Asset Management |
|
300,000 |
|
|
* |
4,239 |
|
4,239 |
|
HFR CA Global Select Master Trust Account |
|
500,000 |
|
|
* |
7,066 |
|
7,066 |
|
Lyxor Master Fund |
|
690,000 |
|
|
* |
9,751 |
|
9,751 |
|
Partners Group Alternative Strategies PCC LTD |
|
720,000 |
|
|
* |
10,175 |
|
10,175 |
|
Silver Convertible Arbitrage Fund LDC |
|
140,000 |
|
|
* |
1,978 |
|
1,978 |
|
Xavex Convertible Arbitrage 2 Fund |
|
80,000 |
|
|
* |
1,130 |
|
1,130 |
|
Xavex Convertible Arbitrage 10 Fund |
|
670,000 |
|
|
* |
9,468 |
|
9,468 |
|
Argent LowLev Convertible Arbitrage Fund Ltd. |
|
2,590,000 |
|
|
* |
36,603 |
|
36,603 |
|
Argentum Multi-Strategy Fund Ltd.Classic |
|
180,000 |
|
|
* |
2,543 |
|
2,543 |
|
Aristeia Capital |
|
|
|
|
|
|
|
|
|
Aristeia International Limited |
|
4,400,000 |
|
|
* |
62,184 |
|
62,184 |
|
Aristeia Partners LP |
|
600,000 |
|
|
* |
8,479 |
|
8,479 |
|
Bancroft Fund Ltd. |
|
1,000,000 |
|
|
* |
14,132 |
|
14,132 |
|
CC Arbitrage Ltd. |
|
4,000,000 |
|
|
* |
56,531 |
|
56,531 |
|
CNH CA Master Account, L.P. |
|
5,000,000 |
|
1.00 |
% |
70,664 |
|
70,664 |
|
CQS Convertible and Quantitative Strategies Master Fund Limited |
|
13,500,000 |
|
2.70 |
% |
190,792 |
|
190,792 |
|
Calamos Investments |
|
|
|
|
|
|
|
|
|
City of Knoxville Pension System |
|
270,000 |
|
|
* |
3,815 |
|
3,815 |
|
Greek Catholic Union of the USA |
|
80,000 |
|
|
* |
1,130 |
|
1,130 |
|
Oakwood Assurance Company Ltd. |
|
46,000 |
|
|
* |
650 |
|
650 |
|
Oakwood Healthcare Inc. - OHP |
|
13,000 |
|
|
* |
183 |
|
183 |
|
Oakwood Healthcare Inc. Endowment / A & D |
|
11,000 |
|
|
* |
155 |
|
155 |
|
Oakwood Healthcare Inc. Funded Depreciation |
|
115,000 |
|
|
* |
1,625 |
|
1,625 |
|
Oakwood Healthcare Inc. Pension |
|
210,000 |
|
|
* |
2,967 |
|
2,967 |
|
SCI Endowment Care Common Trust Fund - National Fiduciary Services |
|
190,000 |
|
|
* |
2,685 |
|
2,685 |
|
SCI Endowment Care Common Trust Fund - SunTrust Bank |
|
76,000 |
|
|
* |
1,074 |
|
1,074 |
|
SCI Endowment Care Common Trust Fund - Wachovia Bank, NA |
|
39,000 |
|
|
* |
551 |
|
551 |
|
The California Wellness Foundation |
|
490,000 |
|
|
* |
6,925 |
|
6,925 |
|
United Food and Commercial Workers Local 1262 and Employers Pension Fund |
|
240,000 |
|
|
* |
3,391 |
|
3,391 |
|
Capital Works Investment Partners |
|
750,000 |
|
|
* |
10,599 |
|
10,599 |
|
Continental Assurance Companyon behalf of its separate account (E) |
|
2,000,000 |
|
|
* |
28,265 |
|
28,265 |
|
DBAG London |
|
84,506,000 |
|
16.90 |
% |
1,194,306 |
|
1,194,306 |
|
Ellsworth Fund Ltd. |
|
1,000,000 |
|
|
* |
14,132 |
|
14,132 |
|
Fore Convertible Master Fund, Ltd. |
|
21,061,000 |
|
4.21 |
% |
297,650 |
|
297,650 |
|
Fore ERISA Fund, Ltd. |
|
1,939,000 |
|
|
* |
27,403 |
|
27,403 |
|
Forest Global Convertible Fund, Ltd., Class A-S |
|
12,591,000 |
|
2.52 |
% |
177,946 |
|
177,946 |
|
Forest Multi Strategy Master Fund SPC, on behalf of its Multi Strategy Segregated Portfolio |
|
541,000 |
|
|
* |
7,645 |
|
7,645 |
|
Froley Revy Investment Company Inc. |
|
|
|
|
|
|
|
|
|
Arkansas PERS |
|
1,925,000 |
|
|
* |
27,205 |
|
27,205 |
|
Astrazeneca Holdings Pension |
|
250,000 |
|
|
* |
3,533 |
|
3,533 |
|
Attorneys Title Insurance Fund |
|
325,000 |
|
|
* |
4,593 |
|
4,593 |
|
Boilermakers Blacksmith Pension Trust |
|
4,095,000 |
|
|
* |
57,873 |
|
57,873 |
|
Delaware PERS |
|
1,315,000 |
|
|
* |
18,584 |
|
18,584 |
|
Delta Airlines Master Trust |
|
760,000 |
|
|
* |
10,740 |
|
10,740 |
|
FPL Group Employees Pension Plan |
|
945,000 |
|
|
* |
13,355 |
|
13,355 |
|
Froley Revy Alternative Strategies |
|
500,000 |
|
|
* |
7,066 |
|
7,066 |
|
ICI American Holdings Trust |
|
425,000 |
|
|
* |
6,006 |
|
6,006 |
|
Nuveen Preferred & Convertible Fund JQC |
|
8,950,000 |
|
1.79 |
% |
126,488 |
|
126,488 |
|
Nuveen Preferred & Convertible Income Fund JPC |
|
6,350,000 |
|
1.27 |
% |
89,743 |
|
89,743 |
|
Prudential Insurance Co. of America |
|
110,000 |
|
|
* |
1,554 |
|
1,554 |
|
State of Oregon Equity |
|
5,475,000 |
|
1.10 |
% |
77,377 |
|
77,377 |
|
Syngenta AG |
|
160,000 |
|
|
* |
2,261 |
|
2,261 |
|
GLG Market Neutral Fund |
|
20,000,000 |
|
4.00 |
% |
282,656 |
|
282,656 |
|
Global Convertible Opportunities Fund |
|
2,000,000 |
|
|
* |
28,265 |
|
28,265 |
|
HFR CA Global Opportunity Master Trust |
|
5,614,000 |
|
1.12 |
% |
79,341 |
|
79,341 |
|
HFR RVA Select Performance Master Trust |
|
814,000 |
|
|
* |
11,504 |
|
11,504 |
|
Highbridge International LLC |
|
22,500,000 |
|
4.50 |
% |
317,988 |
|
317,988 |
|
Institutional Benchmarks Master Fund Ltd. |
|
2,616,000 |
|
|
* |
36,971 |
|
36,971 |
|
Jeffries (Switzerland) Ltd. Asset Management |
|
|
|
|
|
|
|
|
|
Beantenuersicherlingskasse Des Kantons Zurich |
|
5,400,000 |
|
1.08 |
% |
76,317 |
|
76,317 |
|
Bernische Leheruersicherungs Kasse |
|
1,500,000 |
|
|
* |
21,199 |
|
21,199 |
|
Du-Pronea |
|
400,000 |
|
|
* |
5,653 |
|
5,653 |
|
Genini Sammelstiftung Zur Porderung Der Personalvorsorge |
|
600,000 |
|
|
* |
8,479 |
|
8,479 |
|
Jeffries Umbrella Fund Global Convertible Bonds |
|
6,200,000 |
|
1.24 |
% |
87,623 |
|
87,623 |
|
Pension Kasse Der Rockwell Automation AG |
|
200,000 |
|
|
* |
2,826 |
|
2,826 |
|
Pensionkasse Der Antalis AG |
|
100,000 |
|
|
* |
1,413 |
|
1,413 |
|
Pensionkasse Der Lonza AG |
|
300,000 |
|
|
* |
4,239 |
|
4,239 |
|
Pensionkasse Huntsman |
|
200,000 |
|
|
* |
2,826 |
|
2,826 |
|
Zurich Institutional Funds Wandelanleihen Global |
|
1,600,000 |
|
|
* |
22,612 |
|
22,612 |
|
KBC Alternative Investment Management Limited |
|
|
|
|
|
|
|
|
|
KBC Convertibles MAC 28 Limited |
|
600,000 |
|
|
* |
8,479 |
|
8,479 |
|
KBC Diversified Fund, A Segregated Portfolio of KBC Diversified Fund, SPC |
|
1,200,000 |
|
|
* |
16,959 |
|
16,959 |
|
Rhythm Fund, LTD |
|
1,200,000 |
|
|
* |
16,959 |
|
16,959 |
|
KBC Financial Products USA Inc. |
|
3,000,000 |
|
|
* |
42,398 |
|
42,398 |
|
LLT Limited |
|
2,827,000 |
|
|
* |
39,953 |
|
39,953 |
|
Lehman Brothers Inc. |
|
2,500,000 |
|
|
* |
35,332 |
|
35,332 |
|
Lyxor / Forest Fund Limited |
|
9,997,000 |
|
2.00 |
% |
141,285 |
|
141,285 |
|
Magnetar Capital Master Fund, Ltd. |
|
3,500,000 |
|
|
* |
49,464 |
|
49,464 |
|
Nomura Securities International, Inc. |
|
12,500,000 |
|
2.50 |
% |
176,660 |
|
176,660 |
|
Nicholas Applegate Capital Management LLC |
|
|
|
|
|
|
|
|
|
Amerisure Mutual Insurance Company |
|
620,000 |
|
|
* |
8,762 |
|
8,762 |
|
Innovest Finanzdienstle |
|
2,680,000 |
|
|
* |
37,875 |
|
37,875 |
|
NFJ, DIV, INT & Prem Strategy |
|
1,500,000 |
|
|
* |
21,199 |
|
21,199 |
|
Polygon Global Opportunities Master Fund |
|
10,000,000 |
|
2.00 |
% |
141,328 |
|
141,328 |
|
Quattro Fund Ltd. |
|
5,460,000 |
|
1.09 |
% |
77,165 |
|
77,165 |
|
Institutional Benchmark Series Limited in Repect of Electra Series |
|
390,000 |
|
|
* |
5,511 |
|
5,511 |
|
Partners Group Alternative Strategies PLC Limited, Red Delta Call |
|
450,000 |
|
|
* |
6,359 |
|
6,359 |
|
Quattro Multistrategy Masterfund, LP |
|
700,000 |
|
|
* |
9,892 |
|
9,892 |
|
Ritchie Capital Structure Arbitrage Trading Ltd. |
|
4,000,000 |
|
|
* |
56,531 |
|
56,531 |
|
Steelhead Pathfinder Fund LP |
|
1,000,000 |
|
|
* |
14,132 |
|
14,132 |
|
Tempo Master Fund LP |
|
10,000,000 |
|
2.00 |
% |
141,328 |
|
141,328 |
|
UBS OConnor LLC F/B/O OConnor Global Convertible Arbitrage Master Limited |
|
11,012,000 |
|
2.20 |
% |
155,630 |
|
155,630 |
|
UBS OConnor LLC F/B/O OConnor Global Convertible Arbitrage II Master Limited |
|
1,488,000 |
|
|
* |
21,029 |
|
21,029 |
|
Vicis Capital Master Fund |
|
10,000,000 |
|
2.00 |
% |
141,328 |
|
141,328 |
|
|
|
|
|
|
|
|
|
|
|
TOTALS |
|
413,081,000 |
|
82.62 |
% |
5,837,933 |
|
5,837,933 |
|
(*) Less than 1%.
(1) The percentage of notes outstanding is based on the $500 million principal amount of notes originally outstanding. Beneficial ownership is determined in accordance with SEC rules and includes voting or investment power with respect to the securities.
(2) Includes shares of common stock issuable upon conversion of the notes, assuming a conversion rate of 14.1328 shares per $1,000 principal amount of notes and a cash payment in lieu of any fractional share interest. The conversion rate is subject to adjustment as described under Description of the NotesConversion of Notes. No holder of notes would beneficially own 1% or more of the issued and outstanding common stock upon conversion of its notes assuming a conversion rate of 14.1328 shares of common stock per $1,000 principal amount of notes.
(3) Assumes that any other holders of notes or any future transferee from any holder does not beneficially own any common stock other than common stock into which the notes are convertible at the conversion rate of 14.1328 shares per $1,000 principal amount of the notes.
Information concerning other selling securityholders will be set forth in additional prospectus supplements from time to time, if and when necessary. Additional selling securityholders not named in this prospectus supplement will not be able to use this prospectus for resales until they are named in the selling securityholder table by prospectus supplement or post-effective amendment to the registration statement of which this prospectus forms a part. Successors of identified selling securityholders, including without limitation their transferees, pledges and donees or their successors, will not be able to use this prospectus for resales until they are named in the selling securityholder table by prospectus supplement or post-effective amendment.
The above table has been prepared based upon information furnished to us by the selling securityholders. The selling securityholders identified above may have sold, transferred or otherwise disposed of some or all of their notes in transactions exempt from the registration requirements of the Securities Act since the dates on which they provided us information. Information concerning the selling securityholders may change from time to time and, if
necessary, we will supplement this prospectus accordingly. The selling securityholders may offer some or all of their notes or common stock pursuant to the offering contemplated by this prospectus. Additionally, the conversion ratio of the notes is subject to adjustment and, therefore, the number of shares of common stock issuable upon conversion of the notes may increase or decrease. Accordingly, we cannot give an estimate as to the amount of the notes or common stock issuable upon conversion of the notes that will be held by the selling securityholders upon the termination of this offering.