Comdata Network Inc said it hasreceived a letter from Drexel Burnham Lambert Inc stating that,
subject to conditions, the company could raise up to 235 mln
dlrs in debt securities to finance the previously announced
merger of a newly formed corporation controlled by &lt;Welsh,
Carson, Anderson and Stowe IV> and Comdata.
    Comdata said the letter was in accordance with the
previously announced terms with Welsh, Carson.
 Reuter
