diff --git a/engine/runtime/src/main/java/org/enso/interpreter/runtime/TruffleCompilerContext.java b/engine/runtime/src/main/java/org/enso/interpreter/runtime/TruffleCompilerContext.java
index 3dd92ff87306..b44f17a6d20f 100644
--- a/engine/runtime/src/main/java/org/enso/interpreter/runtime/TruffleCompilerContext.java
+++ b/engine/runtime/src/main/java/org/enso/interpreter/runtime/TruffleCompilerContext.java
@@ -385,8 +385,8 @@ private Callable<Boolean> doSerializeModule(
         return saved != null;
       } catch (Throwable e) {
         logSerializationManager(
-            e instanceof IOException ? Level.WARNING : Level.SEVERE,
-            "Serialization of module `" + name + "` failed: " + e.getMessage() + "`",
+            e instanceof IOException ? Level.FINE : Level.SEVERE,
+            "Serialization of module `" + name + "` failed: " + e.getMessage(),
             e);
         throw e;
       } finally {