Barclays plans buffered Super Track notes on iShares MSCI EAFE fund

By Toni Weeks

San Diego, March 14 - Barclays Bank plc plans to price 0% buffered Super Track notes due Sept. 20, 2012 linked to the iShares MSCI EAFE index fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund finishes at or above the initial level, the payout at maturity will be par plus double any gain in the fund, subject to a maximum return of 19.6% to 29.6%. The exact maximum return will be determined at pricing.

If the fund finishes at or above 90% of the initial level but below the initial level, the payout will be par.

Investors will lose 1% for every 1% decline in the fund beyond 10%.

The notes (Cusip: 06738KDF5) are expected to price March 15 and settle March 18.

Barclays Capital Inc. is the agent.

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