PREHEAT oven to 350° F. Grease 13 x 9-inch baking pan.
COMBINE cookie crumbs and butter in small bowl; press onto bottom of prepared baking pan. Layer peanuts, morsels and coconut over crumb mixture; drizzle sweetened condensed milk evenly over top.
BAKE for 20 to 25 minutes or until coconut is golden brown. Cool completely in pan on wire rack. Cut into bars