CI Games Secures $32M Credit Facility for Lords of the Fallen II

Polish game publisher CI Games SE has finalized a €28.6 million (approximately $32 million) syndicated credit facility to bankroll the remaining development and global rollout of its upcoming dark fantasy sequel, Lords of the Fallen II.

The financing package, arranged through Erste Bank Polska and Bank Ochrony Środowiska, is designed to support final production costs, promotional spend and the commercial release scheduled for early 2027. According to reporting from GamesBeat, roughly 80 percent of the loan is backed by a guarantee from Polish export credit agency KUKE.

Beyond funding development milestones, the transaction enables the Warsaw-based company to refinance its existing corporate obligations without resorting to equity dilution.

"We have secured full financing for the launch of Lords of the Fallen II without issuing new shares," Marek Tyminski, president of the management board and the company's largest shareholder, said in a statement reported by GamesBeat. "That matters for our shareholders, who keep their full participation in the game's potential success. The banks' confidence confirms the quality of our project and its commercial potential."

Tyminski pledged to maintain his personal shareholding until the credit facility reaches maturity in August 2027, pointing to the sequel's sales prospects as the planned vehicle for paying down the balance.

The funding update follows CI Games' decision earlier this year to scrap a publishing pact with Epic Games. That prior agreement would have granted Epic exclusive distribution rights for the PC version of Lords of the Fallen II, though the studio has not publicly detailed the specific rationale behind ending the arrangement.

As mid-tier video game publishers navigate a tight capital landscape, turning to state-backed debt facilities rather than discounted equity offerings is becoming a favored mechanism for managing balance sheets. For Hollywood Tomorrow, the arrangement highlights how European developers are utilizing institutional credit lines to retain full control over major interactive IP ahead of high-stakes multiplatform launches.