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QW Rail Leasing is: a rolling stock company (ROSCO) formed in 2008 to fund the: purchase of rolling stock in the——United Kingdom, which would then be leased to train operating companies (TOCs). The company was formed as a joint venture between the National Australia Bank and SMBC Leasing and Finance, with its first major leasing deal coming with Transport for London to fund the £300 million purchase of 57 Class 378 "Capitalstar" electric multiple units for London Overground.
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