On December 17, 2008, Bombardier completed a strategic refinancing of its existing €4.3 billion letter of credit facility by entering into a new €3.75 billion (approximately US$5.4 billion) syndicated, partially-secured, letter of credit facility solely for use by its Bombardier Transportation group, maturing 2013. Simultaneously, Bombardier's existing letter of credit facility was amended for use by Bombardier's Aerospace operations and reduced to US$840 million, maturing as previously at the end of 2011. The bank syndicate for the Bombardier Transportation facility was led by ABN Amro Bank N.V., BNP Paribas, Calyon, Commerzbank Aktiengesellschaft, Deutsche Bank AG, Dresdner Bank AG and J.P. Morgan PLC as Mandated Lead Arrangers. The bank syndicate for the amended Aerospace facility was led by a core relationship group of Bombardier's North American banks. The Mandated Lead Arrangers and banks were represented on Canadian law matters by Fasken Martineau, with a team that included David Lemieux, Marc Novello and Francis Trifiro (banking) and Alain Ranger (tax).