CI Games signs $32 million credit facility to finish Lords of the Fallen II
The syndicated loan from Erste Bank Polska and Bank Ochrony Środowiska covers remaining production, marketing and the game's launch, and refinances existing debt.
CI Games has signed a $32 million (€28.6 million) syndicated credit facility to fund the completion and launch of Lords of the Fallen II, according to gamesindustry.biz. The loan was arranged with Erste Bank Polska and Bank Ochrony Środowiska.
The facility covers the remaining production costs, a global marketing campaign and the launch of the game, and also refinances the group's existing bank debt. Polish export credit agency KUKE is guaranteeing 80% of the facility, which matures in August 2027.
CI Games expects to repay the loan mainly from sales of Lords of the Fallen II. The soulslike is planned for release in the first quarter of 2027, with an exact date to be announced in December. CI Games is self-publishing for PC, PlayStation 5 and Xbox Series X/S.
CEO Marek Tymiński, the company's largest shareholder, said the financing was secured without issuing new shares, and committed to keeping his entire stake during the financing period.
Publishing split preceded the new funding
The financing follows CI Games' termination of its publishing agreement with Epic Games, which would have made Epic the PC publisher and kept the game exclusive to the Epic Games Store on PC; the termination took effect on April 14. CI Games said at the time that the split would not affect its other work with Epic, including use of Unreal Engine. In 2023, the company said the original Lords of the Fallen was its most expensive project to date, with total costs of $66.2 million.
Quick answers
When is Lords of the Fallen II coming out?
CI Games has it planned for the first quarter of 2027, with an exact date to be announced in December.
What platforms will Lords of the Fallen II be on?
CI Games is self-publishing the game for PC, PlayStation 5 and Xbox Series X/S.
How is CI Games funding Lords of the Fallen II?
Through a $32 million syndicated credit facility arranged with Erste Bank Polska and Bank Ochrony Środowiska, 80% guaranteed by KUKE and maturing in August 2027.