Unassociated Document
|
Title
of Each Class of Securities Offered
|
|
Maximum
Aggregate Offering Price
|
|
Amount
of Registration Fee(1)
|
Medium-Term
Notes, Series B
|
|
$600,000,000
|
|
$64,200
|
______________
(1) Calculated
in accordance with
Rule 457(r) of the Securities Act of 1933, as amended. The filing fee of
$64,200 is being paid in connection with the registration of these Medium-Term
Notes, Series B.
PRICING
SUPPLEMENT NO. 6
|
Rule 424(b)(2)
|
DATED:
November 16, 2006
|
File
No. 333-136666
|
(To
Prospectus dated August 16, 2006,
|
|
and
Prospectus Supplement dated August 16, 2006)
|
|
THE
BEAR STEARNS COMPANIES INC.
Medium-Term
Notes, Series B
Principal
Amount: $600,000,000
|
Floating
Rate Notes x
|
Book
Entry Notes x
|
Original
Issue Date: 11/21/06
|
Fixed
Rate Notes ¨
|
Certificated
Notes ¨
|
|
|
|
Maturity
Date: 11/21/16
|
CUSIP#:
073928S46
|
|
Option
to Extend Maturity:
|
No
|
x
|
Final
Maturity Date:
|
|
Yes
|
¨
|
|
Redeemable
On
|
|
Redemption
Price(s)
|
|
Optional
Repayment
Date(s)
|
|
Optional
Repayment
Price(s)
|
N/A
|
|
N/A
|
|
N/A
|
|
N/A
|
Applicable
Only to Fixed Rate Notes:
Interest
Rate:
Interest
Payment Dates:
Applicable
Only to Floating Rate Notes:
Interest
Rate Basis:
|
Maximum
Interest Rate: N/A
|
¨ Commercial
Paper Rate
|
Minimum
Interest Rate: N/A
|
¨ Federal
Funds Effective Rate
|
|
¨ Federal
Funds Open Rate
|
Interest
Reset Date(s): *
|
¨ Treasury
Rate
|
Interest
Reset Period: Quarterly
|
¨ LIBOR
Reuters
|
Interest
Payment Date(s): **
|
x LIBOR
Telerate
|
|
¨ Prime
Rate
|
|
¨ CMT
Rate
|
|
Initial
Interest Rate: 5.765%
|
Interest
Payment Period: Quarterly
|
Index
Maturity: Three months
|
|
Spread
(plus or minus): +0.39%
|
|
*
|
Commencing
February 21, 2007 and on the 21st of each May, August, November and
February thereafter prior to Maturity.
|
**
|
Commencing
February 21, 2007 and on the 21st of each May, August, November and
February thereafter up to and including the Maturity
date.
|
The
distribution of Notes will conform to the requirements set forth in Rule 2720
of
the NASD Conduct Rules.
We
intend
to treat the Notes as variable rate debt instruments that bear interest that
is
unconditionally payable at least annually at a single qualified floating rate
for U.S. federal income tax purposes.
Each
Note
will be issued in minimum denominations of $1,000 and $1,000 multiples
thereafter; provided, however, that the minimum purchase for any purchaser
domiciled in a Member State of the European Economic Area (Iceland, Norway
and
Liechtenstein in addition to the Member States of the European Union) shall
be
$100,000.
In
relation to each Member State of the European Economic Area which has
implemented the Prospectus Directive (each, a “Relevant Member State”), each
underwriter has represented and agreed that with effect from and including
the
date on which the Prospectus Directive is implemented in that Relevant Member
State (the “Relevant Implementation Date”) it has not made and will not make an
offer of Notes to the public in that Relevant Member State prior to the
publication of a prospectus in relation to the Notes which has been approved
by
the competent authority in that Relevant Member State or, where appropriate,
approved in another Relevant Member State and notified to the competent
authority in that Relevant Member State, all in accordance with the Prospectus
Directive, except that it may, with effect from and including the Relevant
Implementation Date, make an offer of notes to the public in that Relevant
Member State at any time:
|
·
|
to
legal entities which are authorized or regulated to operate in the
financial markets or, if not so authorized or regulated, whose corporate
purpose is solely to invest in
securities;
|
|
·
|
to
any legal entity which has two or more of (1) an average of at least
250
employees during the last financial year; (2) a total balance sheet
of
more than €43,000,000 and (3) an annual net turnover of more than
€50,000,000, as shown in its last annual or consolidated accounts;
or
|
|
·
|
in
any other circumstances which do not require the publication by The
Bear
Stearns Companies Inc. of a prospectus pursuant to Article 3 of the
Prospectus Directive.
|
For
purposes of this pricing supplement, the expression an “offer of Notes to the
public” in relation to any Notes in any Relevant Member State means the
communication in any form and by any means of sufficient information on the
terms of the offer and the Notes to be offered so as to enable an investor
to
decide to purchase or subscribe for the Notes, as the same may be varied in
that
Relevant Member State by any measure implementing the Prospectus Directive
in
that Relevant Member State and the expression “Prospectus Directive” means
Directive 2003/71/EC and includes any relevant implementing measure in each
Relevant Member State.
The
distribution of this pricing supplement and the accompanying prospectus and
prospectus supplement and the offer or sale of the Notes in certain other
jurisdictions may be restricted by law. Persons who come into possession of
this
pricing supplement and the accompanying prospectus and prospectus supplement
or
any Notes must inform themselves about and observe any applicable restrictions
on the distribution of this pricing supplement and the accompanying prospectus
and prospectus supplement and the offer and sale of the Notes.