Accrued interest payable is the amount of interest that a borrower owes on a loan or debt but has not yet paid. This financial obligation is recorded on the company’s balance sheet as a ...

Reviewed by David Kindness Fact checked by Vikki Velasquez An accrual has occurred but has not yet been paid for. This can ...

The redemption date for the notes is February 25, 2025 (the “redemption date”). The cash redemption price for the notes payable on the redemption date will equal par plus accrued and unpaid interest, ...