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PRICING SUPPLEMENT NO. 25 Rule 424(b)(3)
DATED: July 28, 1994 File No. 33-52701
(To Prospectus dated April 8, 1994
and Prospectus Supplement dated April 8, 1994)
$2,873,608,750
THE BEAR STEARNS COMPANIES INC.
MEDIUM-TERM NOTES, SERIES B
WITH MINIMUM MATURITY OF NINE MONTHS FROM DATE OF ISSUE
Principal Amount: Floating Rate Notes Book Entry Notes
$10,000,000 [x] [x]
Original Issue Date: Fixed Rate Notes Certificated Notes
8/04/94 [_] [_]
Maturity Date: 2/04/2000
Option to Extend Maturity: No [x]
Yes [_] Final Maturity Date:
Optional Optional
Redemption Repayment Repayment
Redeemable On Price(s) Date(s) Price(s)
------------- -------- ------- --------
N/A N/A N/A N/A
Applicable Only to Fixed Rate Notes:
- -----------------------------------
Interest Rate:
Applicable Only to Floating Rate Notes:
- --------------------------------------
Interest Rate Basis: Maximum Interest Rate: N/A
[_] Commercial Paper Rate Minimum Interest Rate: N/A
[_] Federal Funds Rate Interest Reset Date(s): *
[_] Treasury Rate Interest Reset Period: Quarterly
[_] LIBOR Interest Payment Date(s): **
[_] Prime Rate
[x] CMT Rate
Initial Interest Rate: 6.455% Interest Payment Period: Quarterly
Index Maturity: Three Years
Spread (plus or minus): -0-
- -------------------------
* 11/4/94, 2/6/95, 5/4/95, 8/4/95, 11/6/95, 2/5/96, 5/6/96, 8/5/96,
11/4/96, 2/4/97, 5/5/97, 8/4/97, 11/5/97, 2/4/98, 5/4/98, 8/4/98,
11/4/98, 2/4/99, 5/4/99, 8/4/99 and 11/4/99.
** 11/4/94, 2/6/95, 5/4/95, 8/4/95, 11/6/95, 2/5/96, 5/6/96, 8/5/96,
11/4/96, 2/4/97, 5/5/97, 8/4/97, 11/5/97, 2/4/98, 5/4/98, 8/4/98,
11/4/98, 2/4/99, 5/4/99, 8/4/99, 11/4/99 and 2/4/2000.
The distribution of Notes will conform to the requirement set forth in
the applicable sections of Schedule E to the By-laws of the National
Association of Securities Securities Dealers, Inc.
