diff --git a/.changes/1.27.5.json b/.changes/1.27.5.json
new file mode 100644
index 000000000000..bf631ef90e55
--- /dev/null
+++ b/.changes/1.27.5.json
@@ -0,0 +1,52 @@
+[
+  {
+    "category": "``acm``",
+    "description": "Support added for requesting elliptic curve certificate key algorithm types P-256 (EC_prime256v1) and P-384 (EC_secp384r1).",
+    "type": "api-change"
+  },
+  {
+    "category": "``billingconductor``",
+    "description": "This release adds the Recurring Custom Line Item feature along with a new API ListCustomLineItemVersions.",
+    "type": "api-change"
+  },
+  {
+    "category": "``ec2``",
+    "description": "This release enables sharing of EC2 Placement Groups across accounts and within AWS Organizations using Resource Access Manager",
+    "type": "api-change"
+  },
+  {
+    "category": "``fms``",
+    "description": "AWS Firewall Manager now supports importing existing AWS Network Firewall firewalls into Firewall Manager policies.",
+    "type": "api-change"
+  },
+  {
+    "category": "``lightsail``",
+    "description": "This release adds support for Amazon Lightsail to automate the delegation of domains registered through Amazon Route 53 to Lightsail DNS management and to automate record creation for DNS validation of Lightsail SSL/TLS certificates.",
+    "type": "api-change"
+  },
+  {
+    "category": "``opensearch``",
+    "description": "Amazon OpenSearch Service now offers managed VPC endpoints to connect to your Amazon OpenSearch Service VPC-enabled domain in a Virtual Private Cloud (VPC). This feature allows you to privately access OpenSearch Service domain without using public IPs or requiring traffic to traverse the Internet.",
+    "type": "api-change"
+  },
+  {
+    "category": "``polly``",
+    "description": "Amazon Polly adds new voices: Elin (sv-SE), Ida (nb-NO), Laura (nl-NL) and Suvi (fi-FI). They are available as neural voices only.",
+    "type": "api-change"
+  },
+  {
+    "category": "``resource-explorer-2``",
+    "description": "This is the initial SDK release for AWS Resource Explorer. AWS Resource Explorer lets your users search for and discover your AWS resources across the AWS Regions in your account.",
+    "type": "api-change"
+  },
+  {
+    "category": "``route53``",
+    "description": "Amazon Route 53 now supports the Europe (Zurich) Region (eu-central-2) for latency records, geoproximity records, and private DNS for Amazon VPCs in that region.",
+    "type": "api-change"
+  },
+  {
+    "category": "``endpoint-rules``",
+    "description": "Update endpoint-rules command to latest version",
+    "type": "api-change"
+  }
+]
\ No newline at end of file
diff --git a/.changes/next-release/api-change-acm-87528.json b/.changes/next-release/api-change-acm-87528.json
deleted file mode 100644
index 454dfa04b67c..000000000000
--- a/.changes/next-release/api-change-acm-87528.json
+++ /dev/null
@@ -1,5 +0,0 @@
-{
-  "type": "api-change",
-  "category": "``acm``",
-  "description": "Support added for requesting elliptic curve certificate key algorithm types P-256 (EC_prime256v1) and P-384 (EC_secp384r1)."
-}
diff --git a/.changes/next-release/api-change-billingconductor-45638.json b/.changes/next-release/api-change-billingconductor-45638.json
deleted file mode 100644
index b42700b12f43..000000000000
--- a/.changes/next-release/api-change-billingconductor-45638.json
+++ /dev/null
@@ -1,5 +0,0 @@
-{
-  "type": "api-change",
-  "category": "``billingconductor``",
-  "description": "This release adds the Recurring Custom Line Item feature along with a new API ListCustomLineItemVersions."
-}
diff --git a/.changes/next-release/api-change-ec2-91244.json b/.changes/next-release/api-change-ec2-91244.json
deleted file mode 100644
index f5ceeec9c9fe..000000000000
--- a/.changes/next-release/api-change-ec2-91244.json
+++ /dev/null
@@ -1,5 +0,0 @@
-{
-  "type": "api-change",
-  "category": "``ec2``",
-  "description": "This release enables sharing of EC2 Placement Groups across accounts and within AWS Organizations using Resource Access Manager"
-}
diff --git a/.changes/next-release/api-change-endpointrules-204.json b/.changes/next-release/api-change-endpointrules-204.json
deleted file mode 100644
index dd11872bcff4..000000000000
--- a/.changes/next-release/api-change-endpointrules-204.json
+++ /dev/null
@@ -1,5 +0,0 @@
-{
-  "type": "api-change",
-  "category": "``endpoint-rules``",
-  "description": "Update endpoint-rules command to latest version"
-}
diff --git a/.changes/next-release/api-change-fms-70139.json b/.changes/next-release/api-change-fms-70139.json
deleted file mode 100644
index ed4146923c79..000000000000
--- a/.changes/next-release/api-change-fms-70139.json
+++ /dev/null
@@ -1,5 +0,0 @@
-{
-  "type": "api-change",
-  "category": "``fms``",
-  "description": "AWS Firewall Manager now supports importing existing AWS Network Firewall firewalls into Firewall Manager policies."
-}
diff --git a/.changes/next-release/api-change-lightsail-30360.json b/.changes/next-release/api-change-lightsail-30360.json
deleted file mode 100644
index 54b72700ccc1..000000000000
--- a/.changes/next-release/api-change-lightsail-30360.json
+++ /dev/null
@@ -1,5 +0,0 @@
-{
-  "type": "api-change",
-  "category": "``lightsail``",
-  "description": "This release adds support for Amazon Lightsail to automate the delegation of domains registered through Amazon Route 53 to Lightsail DNS management and to automate record creation for DNS validation of Lightsail SSL/TLS certificates."
-}
diff --git a/.changes/next-release/api-change-opensearch-91082.json b/.changes/next-release/api-change-opensearch-91082.json
deleted file mode 100644
index fdc6e5e252ea..000000000000
--- a/.changes/next-release/api-change-opensearch-91082.json
+++ /dev/null
@@ -1,5 +0,0 @@
-{
-  "type": "api-change",
-  "category": "``opensearch``",
-  "description": "Amazon OpenSearch Service now offers managed VPC endpoints to connect to your Amazon OpenSearch Service VPC-enabled domain in a Virtual Private Cloud (VPC). This feature allows you to privately access OpenSearch Service domain without using public IPs or requiring traffic to traverse the Internet."
-}
diff --git a/.changes/next-release/api-change-polly-43232.json b/.changes/next-release/api-change-polly-43232.json
deleted file mode 100644
index e0d7c537ee54..000000000000
--- a/.changes/next-release/api-change-polly-43232.json
+++ /dev/null
@@ -1,5 +0,0 @@
-{
-  "type": "api-change",
-  "category": "``polly``",
-  "description": "Amazon Polly adds new voices: Elin (sv-SE), Ida (nb-NO), Laura (nl-NL) and Suvi (fi-FI). They are available as neural voices only."
-}
diff --git a/.changes/next-release/api-change-resourceexplorer2-47966.json b/.changes/next-release/api-change-resourceexplorer2-47966.json
deleted file mode 100644
index d68532b181db..000000000000
--- a/.changes/next-release/api-change-resourceexplorer2-47966.json
+++ /dev/null
@@ -1,5 +0,0 @@
-{
-  "type": "api-change",
-  "category": "``resource-explorer-2``",
-  "description": "This is the initial SDK release for AWS Resource Explorer. AWS Resource Explorer lets your users search for and discover your AWS resources across the AWS Regions in your account."
-}
diff --git a/.changes/next-release/api-change-route53-37901.json b/.changes/next-release/api-change-route53-37901.json
deleted file mode 100644
index f34be49ce191..000000000000
--- a/.changes/next-release/api-change-route53-37901.json
+++ /dev/null
@@ -1,5 +0,0 @@
-{
-  "type": "api-change",
-  "category": "``route53``",
-  "description": "Amazon Route 53 now supports the Europe (Zurich) Region (eu-central-2) for latency records, geoproximity records, and private DNS for Amazon VPCs in that region."
-}
diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index 33aee82282e4..99a116c6c068 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -2,6 +2,21 @@
 CHANGELOG
 =========
 
+1.27.5
+======
+
+* api-change:``acm``: Support added for requesting elliptic curve certificate key algorithm types P-256 (EC_prime256v1) and P-384 (EC_secp384r1).
+* api-change:``billingconductor``: This release adds the Recurring Custom Line Item feature along with a new API ListCustomLineItemVersions.
+* api-change:``ec2``: This release enables sharing of EC2 Placement Groups across accounts and within AWS Organizations using Resource Access Manager
+* api-change:``fms``: AWS Firewall Manager now supports importing existing AWS Network Firewall firewalls into Firewall Manager policies.
+* api-change:``lightsail``: This release adds support for Amazon Lightsail to automate the delegation of domains registered through Amazon Route 53 to Lightsail DNS management and to automate record creation for DNS validation of Lightsail SSL/TLS certificates.
+* api-change:``opensearch``: Amazon OpenSearch Service now offers managed VPC endpoints to connect to your Amazon OpenSearch Service VPC-enabled domain in a Virtual Private Cloud (VPC). This feature allows you to privately access OpenSearch Service domain without using public IPs or requiring traffic to traverse the Internet.
+* api-change:``polly``: Amazon Polly adds new voices: Elin (sv-SE), Ida (nb-NO), Laura (nl-NL) and Suvi (fi-FI). They are available as neural voices only.
+* api-change:``resource-explorer-2``: This is the initial SDK release for AWS Resource Explorer. AWS Resource Explorer lets your users search for and discover your AWS resources across the AWS Regions in your account.
+* api-change:``route53``: Amazon Route 53 now supports the Europe (Zurich) Region (eu-central-2) for latency records, geoproximity records, and private DNS for Amazon VPCs in that region.
+* api-change:``endpoint-rules``: Update endpoint-rules command to latest version
+
+
 1.27.4
 ======
 
diff --git a/awscli/__init__.py b/awscli/__init__.py
index 9c4f6c245349..b06d7d30250c 100644
--- a/awscli/__init__.py
+++ b/awscli/__init__.py
@@ -17,7 +17,7 @@
 """
 import os
 
-__version__ = '1.27.4'
+__version__ = '1.27.5'
 
 #
 # Get our data path to be added to botocore's search path
diff --git a/doc/source/conf.py b/doc/source/conf.py
index 84d6a38decea..01a333500c4e 100644
--- a/doc/source/conf.py
+++ b/doc/source/conf.py
@@ -52,7 +52,7 @@
 # The short X.Y version.
 version = '1.27'
 # The full version, including alpha/beta/rc tags.
-release = '1.27.4'
+release = '1.27.5'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/setup.cfg b/setup.cfg
index 959145b7f538..283df9a958e1 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -3,7 +3,7 @@ universal = 0
 
 [metadata]
 requires_dist =
-        botocore==1.29.4
+        botocore==1.29.5
         docutils>=0.10,<0.17
         s3transfer>=0.6.0,<0.7.0
         PyYAML>=3.10,<5.5
diff --git a/setup.py b/setup.py
index f3e2f3184881..99fad6212c9d 100644
--- a/setup.py
+++ b/setup.py
@@ -24,7 +24,7 @@ def find_version(*file_paths):
 
 
 install_requires = [
-    'botocore==1.29.4',
+    'botocore==1.29.5',
     'docutils>=0.10,<0.17',
     's3transfer>=0.6.0,<0.7.0',
     'PyYAML>=3.10,<5.5',