Goldman Sachs and UBS have won the Swiss government's latest exchangeable bond into shares of Swisscom, the Swiss telecoms company. It is the third such sale in less than a year.

The two banks are joint bookrunners of the Sfr1.2bn (€791m) equity-linked issue after winning a competitive bid.

Goldman and UBS win Swisscom exchangeable bond

Shanny Basar

Goldman Sachs

Swisscom

Swiss Life

JP Morgan

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