Barclays plans 14-month Accelerated Return Notes linked to MSCI EAFE

By Toni Weeks

San Luis Obispo, Calif., Feb. 28 - Barclays Bank plc plans to price 0% Accelerated Return Notes due May 2015 linked to the MSCI EAFE index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 300% of any index gain, up to a capped return of 10% to 14%. The exact cap will be set at pricing.

Investors will be exposed to any losses.

The final index level will be the average of the index levels on five scheduled calculation days shortly before the maturity date.

BofA Merrill Lynch is the agent.

The notes will price in March and settle in April.

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