diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index 23568eb..2832f9a 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -4,6 +4,13 @@ Hetzner Cloud Ansible Collection Release Notes
 
 .. contents:: Topics
 
+v1.2.1
+======
+
+Bugfixes
+--------
+- Inventory Restore Python 2.7 compatibility
+
 
 v1.2.0
 ======
diff --git a/changelogs/changelog.yaml b/changelogs/changelog.yaml
index 187b199..7e2c2f5 100644
--- a/changelogs/changelog.yaml
+++ b/changelogs/changelog.yaml
@@ -67,3 +67,8 @@ releases:
       name: hcloud_load_balancer_info
       namespace: ''
     release_date: '2020-12-01'
+  1.2.1:
+    changes:
+      bugfixes:
+      - Inventory Restore Python 2.7 compatibility
+    release_date: '2020-12-16'
diff --git a/galaxy.yml b/galaxy.yml
index 822a108..af66d63 100644
--- a/galaxy.yml
+++ b/galaxy.yml
@@ -1,6 +1,6 @@
 namespace: hetzner
 name: hcloud
-version: 1.2.0
+version: 1.2.1
 readme: README.md
 authors:
   - Hetzner Cloud (github.com/hetznercloud)