Domino's repurchases $60 million of its senior notes in first quarter

By Devika Patel

Knoxville, Tenn., May 4 - Domino's Pizza Inc. said it repurchased $60 million of its fixed-rate senior notes during the first quarter using cash on hand and cash flows from operations.

The company paid $54 million for the notes, including $200,000 in interest.

The repurchases resulted in a pre-tax gain of approximately $6.1 million.

Domino's is an Ann Arbor, Mich., pizza delivery company.

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