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Published on 12/7/2009 in the Prospect News Structured Products Daily.

Barclays to sell buffered SuperTrack Notes tied to iShares MSCI EAFE

By Susanna Moon

Chicago, Dec. 7 - Barclays Bank plc plans to price zero-coupon buffered SuperTrack Notes due June 30, 2011 linked to the iShares MSCI EAFE index fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any fund gain, up to a maximum return of 9.3% to 12.5%. The exact cap will be set at pricing.

Investors will receive par if the fund shares fall by up to 15% and will lose 1% for each 1% drop beyond 15%.

The notes will price on Dec. 28 and settle on Dec. 31.

Barclays Capital Inc. is the agent.


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