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. 10
(To Prospectus dated April 24, 2003,
and Prospectus Supplement dated June 19, 2003)
Trade Date: September 2, 2003
Issue Date: September 5, 2003
The date of this Pricing Supplement is September 2, 2003
-------------------------------------------------------------------------------------------------------------------------
Price to Discounts & Interest
CUSIP# Interest Rate Maturity Date Public Commissions Reallowance Dealer Payment Frequency
-------------------------------------------------------------------------------------------------------------------------
07387EBC0 5.20% 9/15/2013 100.00% 1.50% 0.200% 98.90% Semi
-------------------------------------------------------------------------------------------------------------------------
07387EBD8 6.00% 9/15/2023 100.00% 2.50% 0.350% 98.00% Semi
-------------------------------------------------------------------------------------------------------------------------
Subject to Redemption
---------------------
-------------------------------------------------------------------------------------------------------------------------
First
First Interest Aggregate
Interest Payment Survivor's Principal
Payment Date Amount Option Yes/No Date and Terms of Redemption Amount Net Proceeds
-------------------------------------------------------------------------------------------------------------------------
3/15/2004 $27.44 Yes No N/A $748,000 $736,780
-------------------------------------------------------------------------------------------------------------------------
3/15/2004 $31.67 Yes Yes Commencing 9/15/2008 and on the interest $2,260,000 $2,203,500
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.
-------------------------------------------------------------------------------------------------------------------------
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.