diff --git a/CHANGES.rst b/CHANGES.rst
index 86acb331a..ce3114e28 100644
--- a/CHANGES.rst
+++ b/CHANGES.rst
@@ -1,6 +1,17 @@
 Release Notes
 =============
 
+2.1.125
+-------
+
+This release makes ``--platform`` and ``--complete-platform`` resolves
+and locks as permissive as possible. If such a resolve or lock only has
+an sdist available for a certain project, that sdist will now be used if
+it builds to a wheel compatible with the specified foreign platform(s).
+
+* Attempt "cross-builds" of sdists for foreign platforms. (#2075)
+  `PR #2075 <https://github.com/pantsbuild/pex/pull/2075>`_
+
 2.1.124
 -------
 
diff --git a/pex/version.py b/pex/version.py
index f87105b1a..cafa484de 100644
--- a/pex/version.py
+++ b/pex/version.py
@@ -1,4 +1,4 @@
 # Copyright 2015 Pants project contributors (see CONTRIBUTORS.md).
 # Licensed under the Apache License, Version 2.0 (see LICENSE).
 
-__version__ = "2.1.124"
+__version__ = "2.1.125"