diff --git a/CHANGELOG.md b/CHANGELOG.md
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+++ b/CHANGELOG.md
@@ -1,3 +1,105 @@
+## 1.8.7 (May 4, 2023)
+
+### NOTES:
+
+* Vendored plugins within Packer have not been updated. Plugin releases occur on
+     a regular basis to address issues and feature requests. Users are encouraged
+     to use `packer init` for HCL2 templates or `packer plugins install` with
+     legacy JSON templates for installing external plugins. 
+
+* packer-plugin-digitalocean: The Digital Ocean Packer plugin has been handed
+     over to the Digital Ocean team. New releases for this plugin are available
+     at https://github.com/digitalocean/packer-plugin-digitalocean.
+	```
+	required_plugins {
+		digitalocean = {
+		 source =  "github.com/digitalocean/digitalocean"
+		 version = ">=1.0.8"
+		}
+	}
+	```
+* packer-plugin-linode: The Linode plugin has been handed over to the Linode
+     team. New releases for this plugin are available at
+     https://github.com/linode/packer-plugin-linode. This plugin is is no longer
+     being bundled in the Packer binary release. Existing references to the
+     plugin will continue to work but users are advised to update the
+     `required_plugins` block to use the new plugin source address.
+     [GH-12329](https://github.com/hashicorp/packer/pull/12329)
+    ```
+     required_plugins {
+       linode = {
+         source  =  "github.com/linode/linode"
+         version = ">=1.0.5"
+        }
+    }
+    ```
+* packer-plugin-ucloud: The UCloud plugin has been handed over to the UCloud
+     team. New releases for this plugin are available at
+     https://github.com/ucloud/packer-plugin-ucloud. This plugin is is no longer
+     being bundled in the Packer binary release. Existing references to the
+     plugin will continue to work but users are advised to update the
+     `required_plugins` block to use the new plugin source address.
+     [GH-12335](https://github.com/hashicorp/packer/pull/12335)
+    ```
+     required_plugins {
+        ucloud = {
+         source  =  "github.com/ucloud/ucloud"
+         version = ">=1.0.8"
+        }
+    }
+    ```
+* packer-plugin-profitbricks: The Profitbricks plugin has been removed as a
+     bundled plugin in Packer. New releases for this plugin are available at
+     https://github.com/hashicorp/packer-plugin-profitbricks. This plugin is is
+     no longer being bundled in the Packer binary release. Existing references
+     to the plugin will continue to work but users are advised to update the
+     `required_plugins` block to use the new plugin source address.
+     [GH-12385](https://github.com/hashicorp/packer/pull/12385)
+    ```
+     required_plugins {
+        ucloud = {
+         source  =  "github.com/ucloud/ucloud"
+         version = ">=1.0.8"
+        }
+    }
+    ```
+
+### PLUGINS
+* Add HCP Ready label to Oracle builder components.
+     [GH-12217](https://github.com/hashicorp/packer/pull/12217)
+* Migrate external Linode plugin to linode/packer-plugin-linode.
+     [GH-12329](https://github.com/hashicorp/packer/pull/12329)
+* Migrate external UCloud plugin to ucloud/packer-plugin-ucloud.
+     [GH-12335](https://github.com/hashicorp/packer/pull/12335)
+* Remove external plugin for Digital Ocean as a vendored plugin.
+     [GH-12376](https://github.com/hashicorp/packer/pull/12376)
+* Remove external plugins for Profitbricks and 1&1 as vendored plugins.
+     [GH-12385](https://github.com/hashicorp/packer/pull/12385)
+
+
+### IMPROVEMENTS
+
+* cmd/console: Add config-type flag to command help.
+     [GH-12360](https://github.com/hashicorp/packer/pull/12360)
+* Enhance zsh completion for the Packer command.
+     [GH-12356](https://github.com/hashicorp/packer/pull/12356),
+     [GH-12366](https://github.com/hashicorp/packer/pull/12366)
+
+### BUG FIXES
+* Bump github.com/hashicorp/hcp-sdk-go to 0.36.0.
+     [GH-12292](https://github.com/hashicorp/packer/pull/12292)
+* Bump github.com/hashicorp/packer-plugin-sdk to 0.4.0 to address
+     CVE-2023-0475, CVE-2022-41723.
+     [GH-12306](https://github.com/hashicorp/packer/pull/12306)
+* Bump Go module version to 1.20
+     [GH-12380](https://github.com/hashicorp/packer/pull/12380)
+* cmd/hcl2_upgrade: Fix crash when variables block is undefined in legacy JSON
+     templates. [GH-12257](https://github.com/hashicorp/packer/pull/12257)
+* Fix regression introduced in 1.8.6, where configurations with custom builder
+     names, via the name attribute, but would display the name to STDOUT with
+     non-interpolated variable values.
+     [GH-12290](https://github.com/hashicorp/packer/pull/12290)
+
 ## 1.8.6 (February 15, 2023)
 
 ### NOTES: