Barclays plans buffered Super Track notes on two indexes, one fund

By Toni Weeks

San Diego, June 13 - Barclays Bank plc plans to price 0% buffered Super Track notes due June 19, 2014 linked to an unequally weighted basket of two indexes and one fund, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P MidCap 400 index with a 50% weight, the Russell 2000 index with a 25% weight and the iShares MSCI Emerging Markets exchange-traded fund with a 25% weight.

The payout at maturity will be par plus any gain in the basket, subject to a maximum return of 48% to 58%. The exact maximum return will be determined at pricing.

Investors will receive par if the basket falls by up to 15% and will lose 1% for every 1% decline in the basket beyond 15%.

The notes (Cusip: 06738KTL5) are expected to price June 15 and settle June 20.

Barclays Capital Inc. is the agent.

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