PRICING SUPPLEMENT NO. 94 Rule 424(b)(3)
DATED: May 26, 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: $63,000,000 Floating Rate Notes [x] Book Entry Notes [x]
Original Issue Date: Fixed Rate Notes [_] Certificated Notes [_]
June 1, 1999
Maturity Date: CUSIP#: 073928 JT 1
June 1, 2004
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): +0.42%
* 9/01/99, 12/01/99, 3/01/00, 6/01/00, 9/01/00, 12/01/00, 3/01/01,
6/01/01, 9/03/01, 12/03/01, 3/01/02 6/03/02; 9/02/02; 12/02/02;
3/03/03; 6/02/03; 9/02/03; 12/01/03; and, 3/01/04.
** 9/01/99, 12/01/99, 3/01/00, 6/01/00, 9/01/00, 12/01/00, 3/01/01,
6/01/01, 9/03/01, 12/03/01, 3/01/02 6/03/02; 9/02/02; 12/02/02;
3/03/03; 6/02/03; 9/02/03; 12/01/03; 3/01/04; and, 6/01/04.
*** The three-month LIBOR rate on May 27, 1999 plus 42 basis points.
The distribution of Notes will conform to the requirements set forth in Rule
2720 of the NASD Conduct Rules.
