diff --git a/README.md b/README.md
index bb789cc..0ede140 100644
--- a/README.md
+++ b/README.md
@@ -20,7 +20,7 @@ __Welcome to PayPal PHP SDK__. This repository contains PayPal's PHP SDK and sam
 
 ## Latest Updates
 
-- Enabled [Cancel Unclaimed Payouts Support](https://developer.paypal.com/webapps/developer/docs/api/#cancel-an-unclaimed-payout-item) available in [1.1.0](https://github.com/paypal/PayPal-PHP-SDK/releases/tag/v1.1.0)
+- Introduced `DEBUG` level to logging. Deprecated `FINE`. Ability to restrict `DEBUG` level on `live` mode. [Read More](https://github.com/paypal/PayPal-PHP-SDK/wiki/Logging).
 - Checkout the latest 1.0.0 release. Here are all the [ breaking Changes in v1.0.0 ](https://github.com/paypal/PayPal-PHP-SDK/wiki/Breaking-Changes---1.0.0) if you are migrating from older versions.
 
 ## Prerequisites
diff --git a/lib/PayPal/Core/PayPalConstants.php b/lib/PayPal/Core/PayPalConstants.php
index 9180748..3dab406 100644
--- a/lib/PayPal/Core/PayPalConstants.php
+++ b/lib/PayPal/Core/PayPalConstants.php
@@ -12,7 +12,7 @@ class PayPalConstants
 {
 
     const SDK_NAME = 'PayPal-PHP-SDK';
-    const SDK_VERSION = '1.1.1';
+    const SDK_VERSION = '1.2.0';
 
     /**
      * Approval URL for Payment
diff --git a/release_notes.md b/release_notes.md
index b50931c..b634753 100644
--- a/release_notes.md
+++ b/release_notes.md
@@ -1,5 +1,14 @@
 PayPal PHP SDK release notes
 ============================
+v1.2.0
+----
+* Order API Support
+* Introduced DEBUG mode in Logging. Deprecated FINE.
+* Ability to not Log on DEBUG, while on live environment
+* Vault APIs Update API Support
+* Transaction Fee Added in Sale Object
+* Fixed #237, #234, #233, #215
+
 v1.1.1
 ----
 * Fix to Cipher Encryption (Critical)