IN large mixer bowl combine first 8 ingredients; beat on HIGH 3 minutes or until blended.
POUR into a greased and floured 9 inch springform pan.
BAKE at 350°F for 1 hour or until toothpick inserted in centre comes out clean.
COOL 10 minutes; remove from pan.
FILLING:
MICROWAVE caramels with milk on HIGH for 3 minutes or until melted; stir until smooth.
WITH small wooden spoon handle, poke holes into cake, spacing the holes evenly apart.
POUR caramel filling into holes and over top of cake.
GARNISH:
SPRINKLE with pecans.