Q Holding PSC announces private placement of 25,627,000,000 convertible bonds on February 28, 2024. The transaction will include participation from ADQ Real Estate and Hospitality for 17,087,770,000 bonds and IHC Capital Holding for 8,539,230,000 bonds. The bonds will be convertible into 9,491,481,482 shares using a conversion ratio of 2.70 bonds for each share.