PRICING SUPPLEMENT NO. 4 Rule 424(b)(3)
DATED: September 10, 1998 File No. 333-61437
(To Prospectus dated August 26, 1998
and Prospectus Supplement dated August 26, 1998)
$7,315,045,162
THE BEAR STEARNS COMPANIES INC.
Medium-Term Notes, Series B
With Minimum Maturity of Nine Months from Date of Issue
Principal Amount: $15,000,000 Floating Rate Notes [_] Book Entry Notes [x]
Original Issue Date: 09/25/98 Fixed Rate Notes [x] Certificated Notes [_]
Maturity Date: 09/25/2018 CUSIP#: 073928 EZ 2
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
Applicable Only to Fixed Rate Notes:
- ------------------------------------
Interest Rate: 6.30%
Interest Payment Dates: **
Applicable Only to Floating Rate Notes:
- ---------------------------------------
Interest Rate Basis: Maximum Interest Rate:
[_] Commercial Paper Rate Minimum Interest Rate:
[_] Federal Funds Rate Interest Reset Date(s):
[_] Treasury Rate Interest Reset Period:
[_] LIBOR Reuters Interest Payment Date(s):
[_] LIBOR Telerate
[_] Prime Rate
[_] CMT Rate
Initial Interest Rate: Interest Payment Period:
Index Maturity:
Spread (plus or minus):
- -------------------------------
* Commencing September 25, 2000 and on semi-annual dates thereafter, the
Notes may be called, in whole but not in part, at the option of the
Company on eight days' calendar notice.
NYFS04...:\25\22625\0122\2041\SUP9158M.550
<PAGE>
** Monthly on the 25th, commencing 10/25/98.
The distribution of Notes will conform to the requirements set forth in Rule
2720 of the NASD Conduct Rules.
