New Issue: Bear Stearns prices $5 million principal-protected notes linked to four indexes

By Jennifer Chiou

New York, Feb. 29 - Bear Stearns Cos. Inc. priced $5 million of zero-coupon principal-protected notes due Feb. 29, 2012 linked to an index basket, according a 424B2 filing with the Securities and Exchange Commission.

The basket consists of equal weights of the S&P 500 index, the Dow Jones Euro Stoxx 50 index, the Nikkei 225 index and the FTSE/Xinhua China 25 index.

The payout at maturity will be par plus any gain on the basket. Investors will receive at least par.

Bear Stearns & Co. Inc. is the underwriter.

Issuer:	Bear Stearns Cos. Inc.
Issue:	Principal-protected notes
Underlying indexes:	S&P 500, Dow Jones Euro Stoxx 50, Nikkei 225, FTSE/Xinhua China 25, equally weighted
Amount:	$5 million
Maturity:	Feb. 29, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain; floor of par
Pricing date:	Feb. 27
Settlement date:	Feb. 29
Underwriter:	Bear Stearns & Co. Inc.
Fees:	3.8416%

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.