PRICING SUPPLEMENT NO. 59 Rule 424(b)(3)
DATED: August 9, 2000 File No. 333-31980
(To Prospectus dated March 17, 2000,
and Prospectus Supplement dated March 17, 2000)
$9,027,683,162
THE BEAR STEARNS COMPANIES INC.
MEDIUM-TERM NOTES, SERIES B
Principal Amount: $100,000,000 Floating Rate Notes [x] Book Entry Notes [x]
Original Issue Date: 8/10/2000 Fixed Rate Notes [ ] Certificated Notes [ ]
Maturity Date: 8/10/2001 CUSIP#: 073928RH8
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
[x] Federal Funds Rate Interest Reset Date(s): Daily
[ ] Treasury Rate Interest Reset Period: Daily
[ ] LIBOR Reuters Interest Payment Date(s): *
[ ] LIBOR Telerate
[ ] Prime Rate
[ ] CMT Rate
Initial Interest Rate: ** Interest Payment Period: Monthly
Index Maturity: N/A
Spread (plus or minus): +0.15%
* On the 10th of each month.
** Federal Funds Open Rate on August 10, 2000 plus 15 basis points.
The distribution of Notes will conform to the requirements set forth in Rule
2720 of the NASD Conduct Rules.
