PRICING SUPPLEMENT NO. 2 Rule 424(b)(3)
DATED: August 25, 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 [x] Book Entry Notes [x]
$70,000,000
Original Issue Date: Fixed Rate Notes [_] Certificated Notes [_]
8/27/99
Maturity Date: CUSIP#: 073928KS1
8/28/2000
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:
Interest Payment Dates:
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
[_] CMT Rate
Initial Interest Rate: 5.57563% Interest Payment Period: Quarterly
Index Maturity: Three Months
Spread (plus or minus): +0.08%
* 11/28/99; 2/28/2000; 5/28/2000 and 8/28/2000.
** 11/28/99; 2/28/2000; 5/28/2000 and 8/28/2000.
The distribution of Notes will conform to the requirements set forth in Rule
2720 of the NASD Conduct Rules.
