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PRICING SUPPLEMENT NO. 52 Rule 424(b)(3)
DATED: April 23, 1997 File No. 333-17985
(To Prospectus dated January 22, 1997
and Prospectus Supplement dated January 22, 1997)
$5,434,620,162
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: Fixed Rate Notes Certificated Notes
4/29/97 [_] [_]
Maturity Date: 4/28/2000
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 Reuters Interest Payment Date(s): ***
[*] LIBOR Telerate
[_] Prime Rate
[*] CMT Rate
Initial Interest Rate: 6.05156% Interest Payment Period: Quarterly
Index Maturity: ****
Spread (plus or minus): *****
- -------------------------
* During the period commencing April 29, 1997 and ending April 29, 1998,
the Interest Rate Basis will be LIBOR Telerate. During the period
commencing April 30, 1998 and ending April 28, 2000, the Interest Rate
Basis will be CMT Rate.
** The 29th of each April, July, October and January, commencing July 29,
1997.
*** The 29th of each April, July, October and January, commencing July 29,
1997.
**** Three Months for the Period Commencing April 29, 1997 and ending April
29, 1998; two years for the period commencing April 30, 1998 and ending
April 28, 2000.
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***** +0.20% for the period commencing April 29, 1997 and ending April
29, 1998; +0.10% for the period commencing April 30, 1998 and ending
April 28, 2000.
The distribution of Notes will conform to the requirements set forth
in Rule 2720 of the NASD Conduct Rules.
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