diff --git a/doc/conf.py b/doc/conf.py
index d4b90219..6aa7e512 100644
--- a/doc/conf.py
+++ b/doc/conf.py
@@ -53,7 +53,7 @@ copyright = u'2016, Red Hat, Inc.'
 # The short X.Y version.
 version = '4.2'
 # The full version, including alpha/beta/rc tags.
-release = '4.2.6'
+release = '4.2.7'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/pungi.spec b/pungi.spec
index c5073192..6d0e58d5 100644
--- a/pungi.spec
+++ b/pungi.spec
@@ -1,5 +1,5 @@
 Name:           pungi
-Version:        4.2.6
+Version:        4.2.7
 Release:        1%{?dist}
 Summary:        Distribution compose tool
 
@@ -111,6 +111,24 @@ pytest
 cd tests && ./test_compose.sh
 
 %changelog
+* Thu Dec 03 2020 Lubomír Sedlář <lsedlar@redhat.com> 4.2.7-1
+- osbuild: Fix not failing on failable tasks (lsedlar)
+- kojiwrapper: Use gssapi_login (lsedlar)
+- osbuild: use task result to get build info (christian)
+- docs: Add osbuild phase to overview diagram (lsedlar)
+- osbuild: Only send release when not empty (lsedlar)
+- Fix config validation for osbuild (lsedlar)
+- Use xorrisofs for creating ISOs when needed (hlin)
+- Add --respin-of argument. (jkaluza)
+- Fix typo in configuration (lsedlar)
+- Optimize link_files by creating temporary dict mapping path to pkg_obj.
+  (jkaluza)
+- Try reuse old gather_phase even if pkgset_koji_builds changed. (jkaluza)
+- Do not use shlex_quote in get_pungi_buildinstall_cmd and
+  get_pungi_ostree_cmd. (jkaluza)
+- gather: Fix test for module presence (lsedlar)
+- Kill all subprocess in signal handler (lsedlar)
+
 * Wed Nov 04 2020 Bohdan Khomutskyi <bkhomuts@redhat.com> - 4.2.6-1
 - Allow setting int arguments for pungi-buildinstall plugin. (jkaluza)
 - Use shlex_quote for complete --foo=bar argument. (jkaluza)
diff --git a/setup.py b/setup.py
index 12770e47..054102dd 100755
--- a/setup.py
+++ b/setup.py
@@ -25,7 +25,7 @@ packages = sorted(packages)
 
 setup(
     name="pungi",
-    version="4.2.6",
+    version="4.2.7",
     description="Distribution compose tool",
     url="https://pagure.io/pungi",
     author="Dennis Gilmore",