PRICING SUPPLEMENT NO. 90 Rule 424(b)(3)
DATED: May 20, 1999 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
<TABLE>
<S> <C> <C>
Principal Amount: $20,000,000 Floating Rate Notes [x] Book Entry Notes [x]
Original Issue Date: Fixed Rate Notes [_] Certificated Notes [_]
May 26, 1999
Maturity Date: CUSIP#: 073928 JP 9
March 28, 2002
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: Three Months
[_] LIBOR Reuters Interest Payment Date(s): **
[x] LIBOR Telerate
[_] Prime Rate Interest Payment Period: Quarterly
[_] CMT Rate
</TABLE>
Initial Interest Rate: ***
Index Maturity: Three Months
Spread (plus or minus): +0.22%
* 8/30/99, 11/29/99, 2/28/00, 5/19/00, 8/28/00, 11/28/00, 2/28/01, 5/28/01,
8/28/01, 11/28/01, and 2/28/02.
** 8/30/99, 11/29/99, 2/28/00, 5/19/00, 8/28/00, 11/28/00, 2/28/01, 5/28/01,
8/28/01, 11/28/01, 2/28/02 and 3/28/02.
*** The three-month LIBOR rate on May 24, 1999 plus 22 basis points.
The distribution of Notes will conform to the requirements set forth in Rule
2720 of the NASD Conduct Rules.
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