Issuer:
|
The
Bear Stearns Companies Inc.
|
Expected
Ratings:
|
A1/
A+ / A+
An
explanation of the significance of ratings may be obtained from the
rating
agencies. Generally, rating agencies base their ratings on such material
and information, and such of their own investigations, studies and
assumptions, as they deem appropriate. The rating of the securities
should
be evaluated independently from similar ratings of other securities.
A
credit rating of a security is not a recommendation to buy, sell
or hold
securities and may be subject to review, revision, suspension, reduction
or withdrawal at any time by the assigning rating
agency.
|
Trade
Date:
|
September
27, 2007
|
Settlement
Date:
|
October
2, 2007 (T+3)
|
Total
principal amount (USD):
|
$2,500,000,000
|
Coupon:
|
6.40%
|
Note
Type:
|
Senior
Global Notes / SEC Registered
|
Maturity
Date:
|
October
2, 2017
|
Public
Offering Price
|
99.708%
|
Accrued
Interest
|
None
|
Initial
Interest Payment Date
|
April
2, 2008
|
Interest
Payment Dates
|
On
the second day of each April and October
|
Day
count:
|
30
/ 360
|
Yield/Spread:
|
6.440%
/ +187.5 basis points vs. UST 4.750% 08/15/17
|
Minimum
denomination:
|
$1,000
minimum, $1,000 integral multiples thereafter
|
Optional
Redemption
|
Non-call
life
|
US
Treasury Spot:
|
101-14+/
4.565%
|
Gross
Underwriting Fee:
|
0.450%
|
Management
Fee:
|
0.1125%
|
Underwriting
Fee:
|
0.1125%
|
Selling
Concession:
|
0.225%
|
Gross
Proceeds:
|
$2,492,700,000
|
Net
Proceeds to Issuer:
|
$2,481,450,000
|
CUSIP:
|
073902PR3
|
Lead
Managers:
|
Bear,
Stearns & Co. Inc; Bear, Stearns International
Limited
|
Senior
Co-Managers:
|
Citigroup,
RBC Capital Markets
|
Co-Managers:
|
BB&T
Capital Markets, Banc of America Securities LLC, BNP PARIBAS, Danske
Markets Inc, Goldman, Sachs & Co., Scotia Capital, Wells Fargo
Securities
|
The
issuer has filed a registration statement (including a prospectus)
with
the SEC for the offering to which this communication relates. Before
you
invest, you should read the prospectus in that registration statement
and
other documents the issuer has filed with the SEC for more complete
information about the issuer and this offering. You may get these
documents for free by visiting EDGAR on the SEC Website at www.sec.gov.
Alternatively, the issuer, any underwriter or any dealer participating
in
the offering will arrange to send you the prospectus if you request
it by
calling toll-free 1-866-803-9204.
|