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PRICING SUPPLEMENT NO. 7 Rule 424(b)(3)
DATED: February 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
$56,000,000 [_] [_]
Original Issue Date: 2/4/94 Fixed Rate Notes Certificated Notes
[_] [_]
Maturity Date: 2/3/95
Option to Extend Maturity: No [_]
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: Monthly
[x] LIBOR Interest Payment Date(s): **
[_] Prime Rate Interest Payment Period: Monthly
Initial Interest Rate: 3.2875%
Index Maturity: One Month
Spread (plus or minus): +.10%
- -------------------------
* 3/3/94, 4/4/94, 5/3/94, 6/3/94, 7/5/94, 8/3/94, 9/6/94, 10/3/94,
11/3/94, 12/5/94 and 1/3/95.
** 3/3/94, 4/4/94, 5/3/94, 6/3/94, 7/5/94, 8/3/94, 9/6/94, 10/3/94,
11/3/94, 12/5/94, 1/3/95 and 2/3/95.
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.