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// gaming

CI Games secures $32 million loan to complete and self-publish Lords of the Fallen II

The sport is deliberate for launch within the first quarter of 2027, with CI Video games now dealing with publishing after ending its PC publishing settlement with Epic Video games.

CI Video games has signed a $32 million (€28.6 million) syndicated credit score facility to fund the completion and launch of Lords of the Fallen II.

That is reported by GamesIndustry.biz.

Organized with Polish lenders Erste Financial institution Polska and Financial institution Ochrony Środowiska, the mortgage will cowl the sequel’s remaining manufacturing prices, a worldwide advertising and marketing marketing campaign and its launch. It’s going to additionally refinance all the group’s present financial institution debt, the corporate introduced on October 30.

Polish export credit score company KUKE is guaranteeing 80% of the ability, which matures in August 2027. CI Video games expects to repay it primarily from gross sales of Lords of the Fallen II. The studio mentioned it is going to announce a precise launch date in December.

“We now have secured full financing for the launch of Lords of the Fallen II with out issuing new shares,” mentioned Marek Tymiński, CEO and president of CI Video games’ administration board. “That issues for our shareholders, who hold their full participation within the sport’s potential success.”

Tymiński, additionally CI Video games’ largest shareholder, has dedicated to preserving his whole stake throughout the financing. “I understand how a lot potential Lords of the Fallen II has,” he mentioned.

The mortgage follows CI Video games’ termination of its publishing settlement with Epic Video games. Beneath the settlement, Epic would have revealed the sport on PC and saved it unique to the Epic Video games Retailer on that platform. The termination took impact on April 14, however CI Video games didn’t disclose it for greater than a month and has not given a purpose for the cut up. The corporate mentioned the transfer wouldn’t have an effect on its different work with Epic, together with its use of Unreal Engine.

CI Video games is now self-publishing the sport. As GamesBeat notes, this implies the corporate is not going to must share income with an out of doors writer. Lords of the Fallen II is anticipated to launch on PC, PlayStation 5 and Xbox Collection X/S.

In 2023, the Polish developer mentioned Lords of the Fallen was its costliest challenge so far, with whole prices of $66.2 million.



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