Boca Raton, Fla. – FriendFinder Networks, the publisher of
Penthouse magazine and operator of social networks including FriendFinder.com
and Cams.com, announced on Thursday that it has once again filed for an initial
public offering (IPO) of shares.
The company did not say how much it hopes to
raise, but said it would use the net proceeds to repay a portion of its debt.
Florida-based
FriendFinder previously filed to raise $460 million, but later reduced this sum
to $220 million before withdrawing the offering last year, citing "market
conditions."
The company said it carries $510 million in debt, and counted
196 million worldwide users of its sites as of December.
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