PRICING SUPPLEMENT NO. 106 Rule 424(b) (3)
DATED: JUNE 24, 1999 File No. 333-61437
(To Prospectus dated August 26, 1998 and
Prospectus Supplement dated August 26, 1998)
$5,180,570,162
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: $26,425,000* Floating Rate Notes [_] Book Entry Notes [x]
Original Issue Date: 7/15/99 Fixed Rate Notes [x] Certificated Notes [_]
Maturity Date: 7/15/2019
Option to Extend Maturity: No [x] CUSIP #: 073928 KF 9
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: 0.00%
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:
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Index Maturity:
Spread (plus or minus):
- ----------------------------
* Issued at a discount.
** Commencing July 15, 2000 and semi-annual dates thereafter, the Notes may
be called, in whole but not in part, at varying prices (see Schedule A)
at the option of the Company with 8 days' calendar notice.
*** At maturity or call.
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The distribution of Notes will conform to the requirements set forth in Rule
2720 of the NASD Conduct Rules.
SCHEDULE A
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<S> <C> <C> <C> <C> <C> <C> <C>
Year 1: 20.564 Year 6: 31.180 Year 10.5: 45.348 Year 15: 65.954
Year 1.5: 21.438 Year 6.5: 32.505 Year 11: 47.275 Year 15.5 68.757
Year 2: 22.349 Year 7: 33.886 Year 11.5: 49.284 Year 16: 71.679
Year 2.5: 23.299 Year 7.5: 35.326 Year 12: 51.379 Year 16.5: 74.725
Year 3: 24.289 Year 8: 36.828 Year 12.5: 53.562 Year 17: 77.901
Year 3.5: 25.322 Year 8.5: 38.393 Year 13: 55.839 Year 17.5: 81.212
Year 4: 26.398 Year 9: 40.025 Year 13.5: 58.212 Year 18: 84.663
Year 4.5: 27.520 Year 9.5: 41.726 Year 14: 60.686 Year 18.5: 88.262
Year 5: 28.689 Year 10: 43.499 Year 14.5: 63.265 Year 19: 92.013
Year 5.5: 29.908 Year 19.5: 95.923
Year 20: 100.000
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