Barclays plans buffered Super Track Notes on iShares MSCI EAFE fund

By Jennifer Chiou

New York, Feb. 5 - Barclays Bank plc plans to price zero-coupon buffered Super Track Notes due Aug. 26, 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 three times any fund gain, up to a maximum return of 11.3% to 14.6%. The exact cap will be set at pricing.

Investors will receive par if the fund shares fall by up to 10% and will lose 1% for each 1% drop beyond 10%.

The notes will price on Feb. 23 and settle on Feb. 26.

Barclays Capital Inc. is the agent.

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