Filed
Pursuant to Rule 433
January
18, 2007
Relating
to
Prospectus
dated August 16, 2006
Registration
No. 333−136666
THE
BEAR STEARNS COMPANIES INC.
SENIOR
FLOATING RATE GLOBAL NOTES DUE FEBRUARY 1, 2012
INDICATIVE
TERMS AND CONDITIONS
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Issuer:
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The
Bear Stearns Companies Inc.
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|
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Expected
Ratings:
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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.
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Type
of Security:
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LIBOR
Floating Rate Notes (as defined in the prospectus)
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|
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Trade
Date:
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January
18, 2007
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|
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Settlement
Date:
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January
25, 2007 (T+5)
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|
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Total
principal amount (USD):
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$1,000,000,000
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|
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Coupon:
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Three-month
LIBOR plus 19 bps
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|
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Note
Type:
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Senior
Global Notes / SEC Registered
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|
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Maturity
Date:
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February
1, 2012
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|
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Public
Offering Price
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100.00%
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|
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Accrued
Interest
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None
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|
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Initial
Interest Payment Date
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May
1st
,
2007
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|
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Interest
Reset Period:
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Quarterly
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|
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Interest
Reset Dates:
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On
February 1st,
May 1st,
August 1st,
and November 1st
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Interest
Payment Dates:
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On
February 1st,
May 1st,
August 1st,
and November 1st
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Interest
Determination Dates:
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On
the second business day prior to each Interest Rate Reset
Date
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Day
count:
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ACT
/ 360
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Spread:
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+19
basis points
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|
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Minimum
denomination:
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$1,000
minimum, $1,000 integral multiples thereafter
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Optional
Redemption
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Non-call
life
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||
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Gross
Underwriting Fee:
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0.30%
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Management
Fee:
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0.05%
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||
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Underwriting
Fee:
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0.05%
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Selling
Concession:
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0.20%
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Reallowance:
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0.075%
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Gross
Proceeds:
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$1,000,000,000
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Net
Proceeds to Issuer:
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$997,000,000
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CUSIP:
ISIN:
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073902PQ5
US073902PQ58
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Lead
Manager:
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Bear,
Stearns & Co. Inc. and Bear, Stearns International
Limited
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Senior
Co-Manager:
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Citigroup
Global Markets Inc (5%)
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Co-Managers:
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BB&T
Capital Markets (2%), Bank of America Securities LLC (2%), Cantor
Fitzgerald & Co., (2%), Wells Fargo Securities, LLC
(2%)
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Junior
Co-Managers:
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ABN
Amro Incorporated (1%), BNY Capital Markets, Inc. (1%), Calyon Securities
(USA) Inc. (1%), Fortis Securities LLC (1%), HVB Capital Markets
(1%),
Sovereign (1%), Suntrust Robinson Humphrey (1%)
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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.
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