Barclays plans buffered Super Track notes on iShares MSCI EAFE fund

By Jennifer Chiou

New York, April 19 - Barclays Bank plc plans to price zero-coupon buffered Super Track notes due Oct. 31, 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 two times any fund gain, up to a maximum return of 13% to 16%. 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 April 26 and settle on April 29.

Barclays Capital Inc. is the agent.

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