Filed Pursuant to Rule 433
August 11, 2006

Relating to
Prospectus Supplement dated August 10, 2006,
to Prospectus dated February 2, 2005
Registration No. 333-121744

GRAPHIC

Fixed Rate Notes
Due August 15, 2011

Issuer:

 

The Bear Stearns Companies Inc.

 

 

 

Trade Date:

 

August 10, 2006

 

 

 

Settlement Date:

 

August 17, 2006

 

 

 

Ratings:

 

A1 / A / A+

 

 

 

Principal Amount:

 

$750,000,000

 

 

 

Coupon:

 

5.50%

 

 

 

Type of Security:

 

Fixed Rate Note

 

 

 

Maturity:

 

August 15, 2011

 

 

 

Public Offering Price:

 

99.609%

 

 

 

Gross Fees:

 

0.350%

 

 

 

All-in Price:

 

99.259%

 

 

 

Net Proceeds:

 

$744,442,500

 

 

 

Interest Payment Period:

 

Semi-Annually

 

 

 

Interest Payment Dates:

 

Semi-Annually on each February 15th and August 15th, commencing on February 15, 2007

 

 

 

Day Count:

 

30/360

 

 

 

Specified Currency:

 

U.S. Dollars

 

 

 

Denominations:

 

$1,000 and integral multiples of $1,000 in excess thereof

 

 

 

CUSIP:

 

073902ML9

 

 

 

ISIN:

 

US073902ML98

 




 

Lead Manager:

 

Bear, Stearns & Co. Inc.
Bear, Stearns International Limited

 

 

 

Senior Co-Managers:

 

BB&T Capital Markets, a division of Scott & Stringfellow, Inc.
Bank of America Securities LLC
Citigroup Global Markets Inc.

 

 

 

Junior Co-Managers:

 

HSBC Securities (USA) Inc.
Mellon Financial Markets LLC
Wachovia Capital Markets, LLC
Wells Fargo Securities, LLC

 

 

 

 

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.