Domino's Pizza Enters New Agreements, Terminates Others
Ticker: DPZ · Form: 8-K · Filed: Sep 8, 2025 · CIK: 1286681
Sentiment: neutral
Topics: material-agreement, financial-obligation, regulation-fd
TL;DR
Domino's just signed new deals and ditched old ones, creating new financial obligations.
AI Summary
On September 5, 2025, Domino's Pizza, Inc. entered into a material definitive agreement and simultaneously terminated another. The company also created a direct financial obligation. These events are being disclosed under Regulation FD.
Why It Matters
This filing indicates significant changes in Domino's contractual relationships, potentially impacting its financial obligations and operational agreements.
Risk Assessment
Risk Level: medium — The entry into new material definitive agreements and termination of others, along with the creation of new financial obligations, introduces potential risks related to contract terms and financial commitments.
Key Players & Entities
- Domino's Pizza, Inc. (company) — Registrant
- September 5, 2025 (date) — Date of earliest event reported
- 30 Frank Lloyd Wright Drive Ann Arbor, Michigan 48105 (address) — Principal Executive Offices
FAQ
What type of material definitive agreement did Domino's Pizza, Inc. enter into?
The filing states that Domino's Pizza, Inc. entered into a material definitive agreement, but the specific details of this agreement are not provided in the provided text.
What was the nature of the agreement that Domino's Pizza, Inc. terminated?
The filing indicates the termination of a material definitive agreement, but the specific nature of this terminated agreement is not detailed in the provided text.
What is the direct financial obligation created by Domino's Pizza, Inc.?
The filing mentions the creation of a direct financial obligation, but the specific details or amount of this obligation are not disclosed in the provided text.
What is the significance of the Regulation FD Disclosure mentioned?
The Regulation FD Disclosure indicates that the information being reported is intended to be broadly disseminated to the public, preventing selective disclosure of material non-public information.
What are the principal executive offices of Domino's Pizza, Inc.?
The principal executive offices of Domino's Pizza, Inc. are located at 30 Frank Lloyd Wright Drive, Ann Arbor, Michigan 48105.
Filing Stats: 4,688 words · 19 min read · ~16 pages · Grade level 12.8 · Accepted 2025-09-08 16:06:56
Key Financial Figures
- $0.01 — red Domino's Pizza, Inc. Common Stock, $0.01 par value DPZ The Nasdaq Stock Mark
- $500.0 million — nced refinancing transaction by issuing $500.0 million in aggregate principal amount of new Se
- $320.0 million — which allows for the issuance of up to $320.0 million of Series 2025-1 Variable Funding Senio
- $56.4 million — ints. The Co-Issuers have approximately $56.4 million in undrawn letters of credit issued und
- $200.0 million — ero the commitment to fund the existing $200.0 million Series 2021-1 Variable Funding Notes, C
- $120.0 million — ero the commitment to fund the existing $120.0 million Series 2022-1 Variable Funding Notes, C
- $742.0 million — Class A-2-II Notes"), to prepay in full $742.0 million in aggregate principal amount of Series
- $402.7 million — Class A-2-I Notes"), to prepay in full $402.7 million in aggregate principal amount of Series
- $940.0 million — action, there will be (i) approximately $940.0 million in aggregate principal amount of Series
- $379.0 million — the Base Indenture, (ii) approximately $379.0 million in aggregate principal amount of Series
- $648.0 million — the Base Indenture, (iii) approximately $648.0 million in aggregate principal amount of Series
- $1,799.1 million — the Base Indenture, (iv) approximately $1,799.1 million in aggregate principal amount of (a) Se
- $1,000.0 million — r the Base Indenture, (v) approximately $1,000.0 million in aggregate principal amount of 2025-1
- $78.9 million — e Base Indenture and (vi) approximately $78.9 million in outstanding finance lease obligation
Filing Documents
- d946118d8k.htm (8-K) — 73KB
- d946118dex41.htm (EX-4.1) — 1756KB
- d946118dex42.htm (EX-4.2) — 1047KB
- d946118dex101.htm (EX-10.1) — 724KB
- d946118dex102.htm (EX-10.2) — 1429KB
- d946118dex103.htm (EX-10.3) — 284KB
- d946118dex104.htm (EX-10.4) — 55KB
- d946118dex991.htm (EX-99.1) — 117KB
- 0001193125-25-198332.txt ( ) — 6595KB
- dpz-20250905.xsd (EX-101.SCH) — 3KB
- dpz-20250905_lab.xml (EX-101.LAB) — 17KB
- dpz-20250905_pre.xml (EX-101.PRE) — 11KB
- d946118d8k_htm.xml (XML) — 3KB
Use of Proceeds
Use of Proceeds The net proceeds of the offering of the 2025-1 Class A-2 Notes will be used, together with cash on hand, (i) to make a deposit with Citibank, N.A., as trustee in trust for the benefit of the holders of the Series 2015-1 4.474% Fixed Rate Senior Secured Notes, Class A-2-II (the "Series 2015-1 Class A-2-II Notes"), to prepay in full $742.0 million in aggregate principal amount of Series 2015-1 Class A-2-II Notes at par, after which the Series 2015-1 Class A-2-II Notes will be cancelled (ii) to make a deposit with Citibank, N.A., as trustee in trust for the benefit of the holders of the 2018-1 4.116% Fixed Rate Senior Secured Notes, Class A-2-I (the "Series 2018-1 Class A-2-I Notes"), to prepay in full $402.7 million in aggregate principal amount of Series 2018-1 Class A-2-I Notes at par, after which the Series 2018-1 Class A-2-I Notes will be cancelled, (iii) to make a deposit with Citibank, N.A., as trustee in trust for the benefit of the holders of the Series 2021-1 Class A-1 Notes to prepay in full any outstanding principal amount of Series 2021-1 Class A-1 Notes at par, after which the Series 2021-1 Class A-1 Notes will be cancelled and (iv) to make a deposit with Citibank, N.A., as trustee in trust for the benefit of the holders of the Series 2022-1 Class A-1 Notes to prepay in full any outstanding principal amount of Series 2022-1 Class A-1 Notes at par, after which the Series 2022-1 Class A-1 Notes will be cancelled. These repayments are expected to occur on September 5, 2025. The Co-Issuers may also use the net proceeds of the offering to pre-fund a portion of the amortizing principal and interest payable on the 2025-1 Class A-2 Notes and/or deposit funds into the Senior Notes Interest Reserve Account (as defined in the Indenture) (to the extent that such funds are not already deposited therein). Following the refinancing transaction, there will be (i) approximately $940.0 million in aggregate principal amount of Series 2017-1 4.118% Fixe
Financial Statements and Exhibits
Financial Statements and Exhibits. Exhibit Number Description 4.1 Ninth Supplement to the Amended and Restated Base Indenture, dated as of September 5, 2025, by and among Domino's Pizza Master Issuer LLC, Domino's SPV Canadian Holding Company Inc., Domino's Pizza Distribution LLC, Domino's Progressive Foods Distribution LLC and Domino's IP Holder LLC, each as Co-Issuer, and Citibank, N.A., as Trustee and Securities Intermediary. 4.2 Series 2025-1 Supplement to the Amended and Restated Base Indenture, dated September 5, 2025, among Domino's Pizza Master Issuer LLC, Domino's SPV Canadian Holding Company Inc., Domino's Pizza Distribution LLC, Domino's Progressive Foods Distribution LLC and Domino's IP Holder LLC, each as Co-Issuer of Series 2025-1 4.930% Fixed Rate Senior Secured Notes, Class A-2-I and Series 2025-1 5.217% Fixed Rate Senior Secured Notes, Class A-2-II, and Citibank, N.A., as Trustee and Securities Intermediary. 10.1 Class A-1 Note Purchase Agreement, dated September 5, 2025, among Domino's Pizza Master Issuer LLC, Domino's SPV Canadian Holding Company Inc., Domino's Pizza Distribution LLC, Domino's Progressive Foods Distribution LLC and Domino's IP Holder LLC, each as Co-Issuer, Domino's SPV Guarantor LLC, Domino's Pizza Franchising LLC, Domino