Directions:
1. Heat grill to medium-high heat.
2. Grill franks 5 min. or until heated through, turning occasionally and adding buns, cut sides down, to grill for the last minute.
3. Fill buns with franks; place in 13x9-inch disposable foil pan. Top franks with cheese and peppers. Grill 3 to 4 min. or until cheese is melted.
4. Drizzle with ketchup.