BAE plans $1.5 bln, 2-part bond -lead

LONDON, June 1 (Reuters) - Britain's BAE Systems (BAES.L), Europe's largest defence contractor, plans to issue a $1.5 billion bond with maturities at five years and 10 years, an official at one of the banks managing the sale said on Monday.

Goldman Sachs, JP Morgan, and Barclays have been named to manage the two-part issue, the official said.

BAE Systems Holdings will be the issuer, with a guarantee by BAE Systems Plc, which is rated Baa2 by Moody's Investors Service and BBB+ by Standard & Poor's, the official said.

(Reporting by Jane Baird)