CI Games Secures $32 Million Funding to Drive Lords of the Fallen II Launch
CI Games has officially finalized a $32 million (€28.6 million) syndicated credit agreement, a strategic move designed to propel the development and commercial rollout of the highly anticipated Lords of the Fallen II. This financial milestone arrives shortly after the studio concluded its previous PC publishing partnership with Epic Games, signaling a shift toward a more independent publishing strategy.
Strategic Financial Restructuring
The capital injection, facilitated by Polish financial institutions Erste Bank Polska and Bank Ochrony Środowiska, serves a dual purpose. Beyond providing the necessary runway to finalize the “soulslike” sequel, the funds are earmarked for an expansive international marketing push and the consolidation of the company’s current debt obligations. By refinancing existing liabilities, CI Games is effectively streamlining its balance sheet ahead of its most significant product launch to date.
To mitigate risk, the Polish export credit agency KUKE has stepped in to provide an 80% guarantee on the facility. The loan is structured with a maturity date set for August 2027, aligning with the studio’s long-term financial roadmap.
Development Timeline and Revenue Strategy
The studio has confirmed that Lords of the Fallen II is currently slated for a Q1 2027 release, with a definitive launch date expected to be unveiled this December. CI Games anticipates that the primary revenue stream for repaying this credit facility will be generated directly from the game’s initial sales performance.
In the current gaming landscape, where development budgets for AAA titles frequently exceed $100 million, securing non-dilutive financing is a critical maneuver. By opting for a credit facility rather than an equity raise, the company avoids the dilution of existing shareholder value.
Leadership Perspective on Shareholder Value
Marek Tymiński, CEO and president of the CI Games management board, emphasized the importance of this funding structure for the company’s investors. “By securing the full financing required for the launch of Lords of the Fallen II without the need to issue new shares, we have protected our shareholders’ interests,” Tymiński noted. “This ensures that our investors maintain their full stake in the potential success of the title.”
This approach reflects a growing trend among mid-sized studios aiming to retain creative and financial control over their intellectual property, rather than relying on traditional publisher-funded models that often require sacrificing a larger portion of long-term royalties.
