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.

details of the transaction were not disclosed.

Boca Raton, Fla.-based
FriendFinder operates a network of 30,000 sites that includes, and, 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.


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