THE BEAR STEARNS COMPANIES INC.
IncomeNotes(SM)
With Maturities of Nine Months or More from Date of Issue
Registration No. 333-104455
Filed Pursuant to Rule 424(b)(3)
Pricing Supplement No. 7
(To Prospectus dated April 24, 2003,
and Prospectus Supplement dated June 19, 2003)
Trade Date: August 11, 2003
Issue Date: August 14, 2003
The date of this Pricing Supplement is August 11, 2003
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Price to Discounts & Interest
CUSIP# Interest Rate Maturity Date Public Commissions Reallowance Dealer Payment Frequency
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07387EAT4 5.25% 8/15/2013 100.00% 1.50% 0.200% 98.90% Semi
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07387EAU1 5.90% 8/15/2018 100.00% 2.00% 0.350% 98.40% Semi
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07387EAV9 6.10% 8/15/2023 100.00% 2.50% 0.350% 98.00% Semi
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Subject to Redemption
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First
First Interest Aggregate
Interest Payment Survivor's Principal
Payment Date Amount Option Yes/No Date and Terms of Redemption Amount Net Proceeds
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2/15/2004 $26.40 Yes No N/A $974,000 $959,390
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2/15/2004 $29.66 Yes Yes Commencing 8/15/2006 and on the interest $636,000 $623,280
payment dates thereafter until Maturity,
the Notes may be called in whole at par at
the option of the Company on ten calendar
days notice.
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2/15/2004 $30.67 Yes Yes Commencing 8/15/2008 and on the interest $2,771,000 $2,701,725
payment dates thereafter until Maturity,
the Notes may be called in whole at par at
the option of the Company on ten calendar
days notice.
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At May 31, 2003:
o the Company had outstanding (on an unconsolidated basis)
approximately $39.8 billion of debt and other obligations, including
approximately $36.7 billion of unsecured senior debt and $2.5
billion of unsecured inter-company debt; and
o subsidiaries of the Company had outstanding (after elimination of
inter-company items) approximately $163.9 billion of debt and other
obligations (including $45.5 billion related to securities sold
under repurchase agreements, $60.7 billion related to payables to
customers, $29.2 billion related to financial instruments sold, but
not yet purchased, and $28.5 billion of other liabilities, including
$15.9 billion of debt).
The distribution of IncomeNotes will conform to the requirements set forth in
Rule 2720 of the NASD Conduct Rules.