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Boca Raton, Fla. – FriendFinder Networks, an operator of
adult dating and social networking sites and owner of the Penthouse brand, announced
on Thursday that it has raised $551 million in debt financing.

Financial
details of the transaction were not disclosed.

Boca Raton, Fla.-based
FriendFinder operates a network of 30,000 sites that includes FriendFinder.com,
Amigos.com and Penthouse.com, which collectively draw 125 million unique
monthly visitors.

In July, FriendFinder made a $210 million bid for Playboy,
joining founder Hugh Hefner in the bidding process.

 

Related Links:
http://tinyurl.com/2fmgb3x

http://www.ffn.com

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