PRICING SUPPLEMENT NO. 31 Rule 424(b)(3)
DATED: December 13, 1999 File No. 333-83049
(To Prospectus dated August 9, 1999
and Prospectus Supplement dated August 9, 1999)
$7,878,183,000
THE BEAR STEARNS COMPANIES INC.
MEDIUM-TERM NOTES, SERIES B
Principal Amount: $20,000,000 Floating Rate Notes [ ] Book Entry Notes [x]
Original Issue Date: 12/30/1999 Fixed Rate Notes [x] Certificated Notes [ ]
Maturity Date: 12/30/2019 CUSIP#: 073928LX9
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: 8.00%
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 December 30, 2001 and on the 30th of each month thereafter, the
Notes may be called in whole at par at the option of the Company on eight
days calendar notice.
** Commencing June 30, 2000 and on the 30th of each June and December thereafter
until maturity or until the Notes are called.
The distribution of Notes will conform to the requirements set forth in Rule
2720 of the NASD Conduct Rules.
