An extensive study of the level structure of Co62 has been performed following a complex multinucleon transfer reaction, Mg26(Ca48, 2α3npγ)Co62, at beam energies of 275, 290, and 320 MeV. The combination of the Gammasphere array, the fragment mass analyzer, and a focal-plane ionization chamber was used to identify and delineate excited levels in Co62. A considerable extension to the Co62 level scheme is proposed with firm spin-parity values assigned on the basis of angular distribution and correlation analyses. Various level sequences built upon states of single-particle character have been observed, and an interpretation of these structures in the framework of the spherical shell model is presented. At moderate spins, two dipole bands have been observed and, based on their phenomenological study, a possible magnetic rotation character is suggested. However, theoretical calculations performed using the particle rotor model support magnetic rotation for only one of these dipole bands
