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PRICING SUPPLEMENT NO. 8 Rule 424(b)(3)
DATED: Februry 2, 1994 File No. 33-51733
(To Prospectus dated January 7, 1994
and Prospectus Supplement dated January 7, 1994)
$1,500,945,000
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
$25,000,000 [x] [x]
Original Issue Date: 2/8/94 Fixed Rate Notes Certificated Notes
[_] [_]
Maturity Date: 2/8/95
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
[x] LIBOR Interest Payment Date(s): **
[_] Prime Rate
Initial Interest Rate: 4.2675% Interest Payment Period: Quarterly
Index Maturity: Three Months
Spread (plus or minus): ***
- -------------------------
* 5/08/94, 8/08/94, and 11/09/94.
** 5/08/94, 8/08/94, 11/09/94 and 2/8/95.
*** plus 83 basis points multiplied by a fraction (i) the numerator of
which is the number of days in such interest period that the three month
LIBOR rate is within the Strike Band (as defined below) for such period and
(ii) the denominator of which is the actual number of days in such interest
period. Strike Band shall mean, for the indicated period, the range
between the lower band and the upper band as set forth below:
Period Lower Band Upper Band
- ------ ---------- ----------
(inclusive)
2/8/94 - 5/8/94 3.00% 4.00%
5/9/94 - 8/8/94 3.00% 4.00%
8/9/94 - 11/9/94 3.00% 4.50%
11/10/94 - 2/8/95 3.00% 4.50%
The distribution of Notes will conform to the requirements set forth in the
applicable sections of Schedule E to the By-laws of the National
Association of Securities Dealers, Inc.
