diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7e5610e8b5..9f3a17860d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -8,6 +8,26 @@
 
 ### Bug fixes
 
+# 1.12.7 (7 Apr 2021)
+
+### Breaking changes
+
+- `Execution::Errors` (which implements `rescue_from`) was refactored so that, when an error matches more than one registered handler, it picks the _most specific_ handler instead of the _first match_ in the underlying Hash. This might "break" your code if your application registered a handler for a parent class and a child class, but expects instances of the child class to be handled by the handler for the parent class. (This seems very unlikely -- I consider the change to be a "breaking fix.") #3404
+
+### New features
+
+- Errors: pick the most specific error handlers (instead of an order-dependent selection) #3404
+- Add `node_nullable(...)` connection configuration options #3389
+- Add `has_nodes_field(true|false)` connection configuration option #3388
+
+### Bug fixes
+
+- Fix connection nullability settings to properly handle `false` #3386
+- Fix returning `RawValue`s as part of a list #3403
+- Fix introspection for deprecated directive arguments #3416
+- Optimize `has_next_page` for ActiveRecord::Relation connections #3414
+- Tracing: consistent event sequencing when queries are executed with `Query#result` #3408
+
 # 1.12.6 (11 March 2021)
 
 ### Breaking changes
diff --git a/lib/graphql/version.rb b/lib/graphql/version.rb
index 1db990a716..cdcb2f9555 100644
--- a/lib/graphql/version.rb
+++ b/lib/graphql/version.rb
@@ -1,4 +1,4 @@
 # frozen_string_literal: true
 module GraphQL
-  VERSION = "1.12.6"
+  VERSION = "1.12.7"
 end