diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0aa3e26e247c5..79199a1f33074 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -3,70 +3,17 @@ All notable changes to this project are documented in this file.
 
 The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/), and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html). See the [CONTRIBUTING guide](./CONTRIBUTING.md#Changelog) for instructions on how to add changelog entries.
 
-## [Unreleased 2.x]
+## [Unreleased 2.7]
 ### Added
-- Add GeoTile and GeoHash Grid aggregations on GeoShapes. ([#5589](https://github.com/opensearch-project/OpenSearch/pull/5589))
-- Disallow multiple data paths for search nodes ([#6427](https://github.com/opensearch-project/OpenSearch/pull/6427))
-- [Segment Replication] Allocation and rebalancing based on average primary shard count per index ([#6422](https://github.com/opensearch-project/OpenSearch/pull/6422))
-- The truncation limit of the OpenSearchJsonLayout logger is now configurable ([#6569](https://github.com/opensearch-project/OpenSearch/pull/6569))
-- Add 'base_path' setting to File System Repository ([#6558](https://github.com/opensearch-project/OpenSearch/pull/6558))
-- Return success on DeletePits when no PITs exist. ([#6544](https://github.com/opensearch-project/OpenSearch/pull/6544))
-- Add initial search pipelines ([#6587](https://github.com/opensearch-project/OpenSearch/pull/6587))
-- Add node repurpose command for search nodes ([#6517](https://github.com/opensearch-project/OpenSearch/pull/6517))
-- Add wait_for_completion parameter to resize, open, and forcemerge APIs ([#6434](https://github.com/opensearch-project/OpenSearch/pull/6434))
-- [Segment Replication] Apply backpressure when replicas fall behind ([#6563](https://github.com/opensearch-project/OpenSearch/pull/6563))
-- [Remote Store] Integrate remote segment store in peer recovery flow ([#6664](https://github.com/opensearch-project/OpenSearch/pull/6664))
-- Enable sort optimization for all NumericTypes ([#6464](https://github.com/opensearch-project/OpenSearch/pull/6464)
-- Remove 'cluster_manager' role attachment when using 'node.master' deprecated setting ([#6331](https://github.com/opensearch-project/OpenSearch/pull/6331))
-- Add new cluster settings to ignore weighted round-robin routing and fallback to default behaviour. ([#6834](https://github.com/opensearch-project/OpenSearch/pull/6834))
-- Add experimental support for ZSTD compression. ([#3577](https://github.com/opensearch-project/OpenSearch/pull/3577))
-- [Segment Replication] Add point in time and scroll query compatibility. ([#6644](https://github.com/opensearch-project/OpenSearch/pull/6644))
-- Add retry delay as dynamic setting for cluster maanger throttling. ([#6998](https://github.com/opensearch-project/OpenSearch/pull/6998))
-- Introduce full support for searchable snapshots ([#5087](https://github.com/opensearch-project/OpenSearch/issues/5087))
-- Introduce full support for Segment Replication ([#5147](https://github.com/opensearch-project/OpenSearch/issues/5147))
 
 ### Dependencies
-- Bump `org.apache.logging.log4j:log4j-core` from 2.18.0 to 2.20.0 ([#6490](https://github.com/opensearch-project/OpenSearch/pull/6490))
-- Bump `com.azure:azure-storage-common` from 12.19.3 to 12.20.0 ([#6492](https://github.com/opensearch-project/OpenSearch/pull/6492)
-- Bump `snakeyaml` from 1.33 to 2.0 ([#6511](https://github.com/opensearch-project/OpenSearch/pull/6511))
-- Bump `io.projectreactor.netty:reactor-netty` from 1.1.3 to 1.1.4
-- Bump `com.avast.gradle:gradle-docker-compose-plugin` from 0.15.2 to 0.16.11
-- Bump `net.minidev:json-smart` from 2.4.8 to 2.4.9
-- Bump `com.google.protobuf:protobuf-java` to 3.22.2 ([#6994](https://github.com/opensearch-project/OpenSearch/pull/6994))
-- Bump Netty to 4.1.90.Final ([#6677](https://github.com/opensearch-project/OpenSearch/pull/6677)
-- Bump `com.diffplug.spotless` from 6.15.0 to 6.17.0
-- Bump `org.apache.zookeeper:zookeeper` from 3.8.0 to 3.8.1
-- Bump `net.minidev:json-smart` from 2.4.7 to 2.4.10
-- Bump `org.apache.maven:maven-model` from 3.6.2 to 3.9.1
-- Bump `org.codehaus.jettison:jettison` from 1.5.3 to 1.5.4 ([#6878](https://github.com/opensearch-project/OpenSearch/pull/6878))
-- Add `com.github.luben:zstd-jni:1.5.5-1` ([#3577](https://github.com/opensearch-project/OpenSearch/pull/3577))
-- Bump: Netty from 4.1.90.Final to 4.1.91.Final , ASM 9.4 to ASM 9.5, ByteBuddy 1.14.2 to 1.14.3 ([#6981](https://github.com/opensearch-project/OpenSearch/pull/6981))
-- Bump `com.azure:azure-storage-blob` from 12.15.0 to 12.21.1
-- Bump `org.gradle.test-retry` from 1.5.1 to 1.5.2
-- Bump `org.apache.hadoop:hadoop-minicluster` from 3.3.4 to 3.3.5
 
 ### Changed
-- Require MediaType in Strings.toString API ([#6009](https://github.com/opensearch-project/OpenSearch/pull/6009))
-- [Refactor] XContent base classes from xcontent to core library ([#5902](https://github.com/opensearch-project/OpenSearch/pull/5902))
-- Added a new field type: flat_object ([#6507](https://github.com/opensearch-project/OpenSearch/pull/6507))
-- Changed `opensearch-env` to respect already set `OPENSEARCH_HOME` environment variable ([#6956](https://github.com/opensearch-project/OpenSearch/pull/6956/))
-- Increased visibility of BaseRestHandler’s `unrecognized` method using a new public `unrecognizedStrings` method. ([#7125](https://github.com/opensearch-project/OpenSearch/pull/7125))
 
 ### Deprecated
-- Map, List, and Set in org.opensearch.common.collect ([#6609](https://github.com/opensearch-project/OpenSearch/pull/6609))
 
 ### Removed
 
 ### Fixed
-- Added depth check in doc parser for deep nested document ([#5199](https://github.com/opensearch-project/OpenSearch/pull/5199))
-- Added equals/hashcode for named DocValueFormat.DateTime inner class ([#6357](https://github.com/opensearch-project/OpenSearch/pull/6357))
-- Fixed bug for searchable snapshot to take 'base_path' of blob into account ([#6558](https://github.com/opensearch-project/OpenSearch/pull/6558))
-- Fix fuzziness validation ([#5805](https://github.com/opensearch-project/OpenSearch/pull/5805))
-- Avoid negative memory result in IndicesQueryCache stats calculation ([#6917](https://github.com/opensearch-project/OpenSearch/pull/6917))
-- Fix GetSnapshots to not return non-existent snapshots with ignore_unavailable=true ([#6839](https://github.com/opensearch-project/OpenSearch/pull/6839))
-- Fix GlobalAggregation with profile option enabled returns incorrect result ([#7114](https://github.com/opensearch-project/OpenSearch/pull/7114))
 
 ### Security
-
-[Unreleased 3.0]: https://github.com/opensearch-project/OpenSearch/compare/2.x...HEAD
-[Unreleased 2.x]: https://github.com/opensearch-project/OpenSearch/compare/2.5...2.x
diff --git a/release-notes/opensearch.release-notes-2.7.0.md b/release-notes/opensearch.release-notes-2.7.0.md
new file mode 100644
index 0000000000000..89c90e119d01d
--- /dev/null
+++ b/release-notes/opensearch.release-notes-2.7.0.md
@@ -0,0 +1,63 @@
+## 2023-04-18 Version 2.7.0 Release Notes
+
+## [2.7]
+### Added
+- Add GeoTile and GeoHash Grid aggregations on GeoShapes. ([#5589](https://github.com/opensearch-project/OpenSearch/pull/5589))
+- Disallow multiple data paths for search nodes ([#6427](https://github.com/opensearch-project/OpenSearch/pull/6427))
+- [Segment Replication] Allocation and rebalancing based on average primary shard count per index ([#6422](https://github.com/opensearch-project/OpenSearch/pull/6422))
+- The truncation limit of the OpenSearchJsonLayout logger is now configurable ([#6569](https://github.com/opensearch-project/OpenSearch/pull/6569))
+- Add 'base_path' setting to File System Repository ([#6558](https://github.com/opensearch-project/OpenSearch/pull/6558))
+- Return success on DeletePits when no PITs exist. ([#6544](https://github.com/opensearch-project/OpenSearch/pull/6544))
+- Add initial search pipelines ([#6587](https://github.com/opensearch-project/OpenSearch/pull/6587))
+- Add node repurpose command for search nodes ([#6517](https://github.com/opensearch-project/OpenSearch/pull/6517))
+- Add wait_for_completion parameter to resize, open, and forcemerge APIs ([#6434](https://github.com/opensearch-project/OpenSearch/pull/6434))
+- [Segment Replication] Apply backpressure when replicas fall behind ([#6563](https://github.com/opensearch-project/OpenSearch/pull/6563))
+- [Remote Store] Integrate remote segment store in peer recovery flow ([#6664](https://github.com/opensearch-project/OpenSearch/pull/6664))
+- Enable sort optimization for all NumericTypes ([#6464](https://github.com/opensearch-project/OpenSearch/pull/6464)
+- Remove 'cluster_manager' role attachment when using 'node.master' deprecated setting ([#6331](https://github.com/opensearch-project/OpenSearch/pull/6331))
+- Add new cluster settings to ignore weighted round-robin routing and fallback to default behaviour. ([#6834](https://github.com/opensearch-project/OpenSearch/pull/6834))
+- Add experimental support for ZSTD compression. ([#3577](https://github.com/opensearch-project/OpenSearch/pull/3577))
+- [Segment Replication] Add point in time and scroll query compatibility. ([#6644](https://github.com/opensearch-project/OpenSearch/pull/6644))
+- Add retry delay as dynamic setting for cluster maanger throttling. ([#6998](https://github.com/opensearch-project/OpenSearch/pull/6998))
+- Introduce full support for searchable snapshots ([#5087](https://github.com/opensearch-project/OpenSearch/issues/5087))
+- Introduce full support for Segment Replication ([#5147](https://github.com/opensearch-project/OpenSearch/issues/5147))
+
+### Dependencies
+- Bump `org.apache.logging.log4j:log4j-core` from 2.18.0 to 2.20.0 ([#6490](https://github.com/opensearch-project/OpenSearch/pull/6490))
+- Bump `com.azure:azure-storage-common` from 12.19.3 to 12.20.0 ([#6492](https://github.com/opensearch-project/OpenSearch/pull/6492)
+- Bump `snakeyaml` from 1.33 to 2.0 ([#6511](https://github.com/opensearch-project/OpenSearch/pull/6511))
+- Bump `io.projectreactor.netty:reactor-netty` from 1.1.3 to 1.1.4
+- Bump `com.avast.gradle:gradle-docker-compose-plugin` from 0.15.2 to 0.16.11
+- Bump `net.minidev:json-smart` from 2.4.8 to 2.4.9
+- Bump `com.google.protobuf:protobuf-java` to 3.22.2 ([#6994](https://github.com/opensearch-project/OpenSearch/pull/6994))
+- Bump Netty to 4.1.90.Final ([#6677](https://github.com/opensearch-project/OpenSearch/pull/6677)
+- Bump `com.diffplug.spotless` from 6.15.0 to 6.17.0
+- Bump `org.apache.zookeeper:zookeeper` from 3.8.0 to 3.8.1
+- Bump `net.minidev:json-smart` from 2.4.7 to 2.4.10
+- Bump `org.apache.maven:maven-model` from 3.6.2 to 3.9.1
+- Bump `org.codehaus.jettison:jettison` from 1.5.3 to 1.5.4 ([#6878](https://github.com/opensearch-project/OpenSearch/pull/6878))
+- Add `com.github.luben:zstd-jni:1.5.5-1` ([#3577](https://github.com/opensearch-project/OpenSearch/pull/3577))
+- Bump: Netty from 4.1.90.Final to 4.1.91.Final , ASM 9.4 to ASM 9.5, ByteBuddy 1.14.2 to 1.14.3 ([#6981](https://github.com/opensearch-project/OpenSearch/pull/6981))
+- Bump `com.azure:azure-storage-blob` from 12.15.0 to 12.21.1
+- Bump `org.gradle.test-retry` from 1.5.1 to 1.5.2
+- Bump `org.apache.hadoop:hadoop-minicluster` from 3.3.4 to 3.3.5
+
+### Changed
+- Require MediaType in Strings.toString API ([#6009](https://github.com/opensearch-project/OpenSearch/pull/6009))
+- [Refactor] XContent base classes from xcontent to core library ([#5902](https://github.com/opensearch-project/OpenSearch/pull/5902))
+- Added a new field type: flat_object ([#6507](https://github.com/opensearch-project/OpenSearch/pull/6507))
+- Changed `opensearch-env` to respect already set `OPENSEARCH_HOME` environment variable ([#6956](https://github.com/opensearch-project/OpenSearch/pull/6956/))
+- Increased visibility of BaseRestHandler’s `unrecognized` method using a new public `unrecognizedStrings` method. ([#7125](https://github.com/opensearch-project/OpenSearch/pull/7125))
+
+### Deprecated
+- Map, List, and Set in org.opensearch.common.collect ([#6609](https://github.com/opensearch-project/OpenSearch/pull/6609))
+
+### Fixed
+- Added depth check in doc parser for deep nested document ([#5199](https://github.com/opensearch-project/OpenSearch/pull/5199))
+- Added equals/hashcode for named DocValueFormat.DateTime inner class ([#6357](https://github.com/opensearch-project/OpenSearch/pull/6357))
+- Fixed bug for searchable snapshot to take 'base_path' of blob into account ([#6558](https://github.com/opensearch-project/OpenSearch/pull/6558))
+- Fix fuzziness validation ([#5805](https://github.com/opensearch-project/OpenSearch/pull/5805))
+- Avoid negative memory result in IndicesQueryCache stats calculation ([#6917](https://github.com/opensearch-project/OpenSearch/pull/6917))
+- Fix GetSnapshots to not return non-existent snapshots with ignore_unavailable=true ([#6839](https://github.com/opensearch-project/OpenSearch/pull/6839))
+- Fix GlobalAggregation with profile option enabled returns incorrect result ([#7114](https://github.com/opensearch-project/OpenSearch/pull/7114))
+