Chewy Chocolate Peanut butter cereal bars

5    cups Chocolate Cheerios® cereal
1 1/4    cups salted peanuts
1    cup corn syrup
1/2    cup packed brown sugar
1/2    cup granulated sugar
1    cup creamy peanut butter
1/2    cup milk choc. chips

1.    Spray 13x9-inch pan with cooking spray. In large bowl, combine cereal and peanuts; set aside.
2.    In 2-quart saucepan, place corn syrup and sugars. Heat to boiling over medium heat, stirring constantly; remove from heat. Stir in peanut butter.
3.    Pour peanut butter mixture over cereal mixture; mix until thoroughly coated. Spread evenly in pan.
4.    In small microwavable bowl, microwave chocolate chips on High 1 minute, stirring every 15 seconds, until melted and smooth. Drizzle over bars. Refrigerate 15 minutes or until chocolate is set.