Domino's Pizza Master Issuer LLC's series 2021-1 issuance is a $1.7 billion corporate securitization of Domino's Pizza Inc.'s (Domino's) business. The company intends to use excess proceeds, after an estimated $15 million in transaction fees and expenses, to prepay in full the series 2017-1 class A-2-I and A-2-II notes (approximately $291 million and $582 million outstanding, respectively), with the remaining amount to be used for general corporate purposes, which may include returning capital to shareholders, other equivalent payments, and/or stock repurchases.