Bear Stearns to price accelerated market participation securities linked to SanDisk

By Laura Lutz

Des Moines, March 15 - The Bear Stearns Cos. Inc. plans to price an issue of accelerated market participation securities due April 2008 linked to the common stock of SanDisk Corp., according to a 424B2 filing with the Securities and Exchange Commission.

Payout at maturity will be par plus par times double any percentage increase in the value of the stock, capped at a 43% return.

If the value of the stock decreases, investors will receive par times the percentage return on the stock.

The notes are expected to price and settle in March.

Bear, Stearns & Co. Inc. will act as agent.

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