Barclays to price buffered Super Track notes linked to iShares MSCI Emerging Markets

By Angela McDaniels

Tacoma, Wash., May 6 - Barclays Bank plc plans to price 0% buffered Super Track notes due Nov. 30, 2011 linked to the iShares MSCI Emerging Markets index fund, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any fund gain, subject to a maximum return of 17.5% to 21.25% that will be set at pricing. Investors will receive par if the fund declines by 10% or less and will be exposed to any decline beyond 10%.

The notes are expected to price May 25 and settle May 28.

Barclays Capital Inc. is the agent.

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