diff --git a/LATEST-VERSION.txt b/LATEST-VERSION.txt
index 426c2fb8..df407721 100644
--- a/LATEST-VERSION.txt
+++ b/LATEST-VERSION.txt
@@ -1 +1 @@
-v1.26.0
+v1.27.0
diff --git a/RELEASENOTES.md b/RELEASENOTES.md
index 7287e888..e69de29b 100644
--- a/RELEASENOTES.md
+++ b/RELEASENOTES.md
@@ -1,4 +0,0 @@
-- Fixed `ado2gh generate-script --download-migration-logs` to generate valid commands using `--target-api-url` that work with the `ado2gh download-logs` command
-- Added `--target-api-url` support to `ado2gh download-logs` and `bbs2gh download-logs` commands for GHEC data residency scenarios
-- Maintained backward compatibility: `--github-api-url` continues to work as an alias for `--target-api-url` in `ado2gh` and `bbs2gh` CLIs
-- Added native macOS ARM64 (Apple Silicon) builds for all CLIs
diff --git a/releasenotes/v1.27.0.md b/releasenotes/v1.27.0.md
new file mode 100644
index 00000000..7287e888
--- /dev/null
+++ b/releasenotes/v1.27.0.md
@@ -0,0 +1,4 @@
+- Fixed `ado2gh generate-script --download-migration-logs` to generate valid commands using `--target-api-url` that work with the `ado2gh download-logs` command
+- Added `--target-api-url` support to `ado2gh download-logs` and `bbs2gh download-logs` commands for GHEC data residency scenarios
+- Maintained backward compatibility: `--github-api-url` continues to work as an alias for `--target-api-url` in `ado2gh` and `bbs2gh` CLIs
+- Added native macOS ARM64 (Apple Silicon) builds for all CLIs