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.
The mortgage, organized with Polish lenders Erste Financial institution Polska and Financial institution Ochrony Środowiska, will cowl the soulslike sequel’s remaining manufacturing prices, in addition to a world advertising marketing campaign and launch, the corporate announced on October 30. It would additionally refinance the entire group’s present financial institution debt.
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, which is now deliberate for launch within the first quarter of 2027. The studio stated it can announce an actual date in December.
“Now we have secured full financing for the launch of Lords of the Fallen II with out issuing new shares,” stated 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, who can be CI Video games’ largest shareholder, has dedicated to protecting his complete stake throughout the financing. “I understand how a lot potential Lords of the Fallen II has,” he stated.
The deal comes months after CI Video games ended its publishing settlement with Epic Video games, which might have made Epic the sport’s PC writer and stored it unique to the Epic Video games Retailer on PC. The termination took impact on April 14, however CI Video games did not disclose it for greater than a month, and it has not given a cause for the break up. CI Video games stated the transfer wouldn’t have an effect on its different work with Epic, together with its use of Unreal Engine.
With the Epic deal gone, CI Video games is now self-publishing the sport, which, as GamesBeat notes, means it will not have to share income with an out of doors writer. Lords of the Fallen II is predicted to launch on PC, PlayStation 5, and Xbox Collection X/S.
Polish developer CI Video games revealed again in 2023 that Lords of the Fallen was its most expensive project to date, with total costs of $66.2 million.