PRICING SUPPLEMENT NO. 1 Rule 424(b)(3)
DATED: August 16, 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: Floating Rate Notes [ ] Book Entry Notes [x]
$40,000,000
Original Issue Date: Fixed Rate Notes [x] Certificated Notes [ ]
9/24/99
Maturity Date: 9/24/2014 CUSIP#: 073928KR3
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 September 24, 2000 and on the 24th of each month thereafter, the
Notes may be called in whole at the option of the Company on eight calendar
days' notice.
** Monthly on the 24th of each month, commencing 10/24/99.
The distribution of Notes will conform to the requirements set forth in Rule
2720 of the NASD Conduct Rules.
