diff --git a/RELEASE-NOTES.txt b/RELEASE-NOTES.txt
index 4b1c4c5..71db996 100644
--- a/RELEASE-NOTES.txt
+++ b/RELEASE-NOTES.txt
@@ -1,3 +1,40 @@
+Apache Commons Logging 1.3.2 Release Notes
+------------------------------------------
+
+The Apache Commons Logging team is pleased to announce the release of Apache Commons Logging 1.3.2.
+
+Apache Commons Logging is a thin adapter allowing configurable bridging to other,
+well-known logging systems.
+
+This is a feature and maintenance release. Java 8 or later is required.
+
+Changes in this version
+-----------------------
+
+Fixed Bugs
+----------
+
+* LOGGING-190:  Add OSGi metadata to enable Service Loader Mediator #234. Thanks to Hannes Wellmann, Gary Gregory, Johan Compagner.
+* LOGGING-191:  Apache commons logging shows 1.4 as latest release instead of 1.3.1. Thanks to Hannes Wellmann, Gary Gregory, Johan Compagner.
+*               Deprecate org.apache.commons.logging.LogSource.jdk14IsAvailable. Thanks to Gary Gregory.
+
+Changes
+-------
+
+*               Bump org.apache.commons:commons-parent from 67 to 69 #240. Thanks to Dependabot.
+*               Bump org.slf4j:slf4j-api from 2.0.12 to 2.0.13 #248. Thanks to Dependabot.
+
+Historical list of changes: https://commons.apache.org/proper/commons-logging/changes-report.html
+
+Download it from https://commons.apache.org/proper/commons-logging/download_logging.cgi
+
+For complete information on Apache Commons Logging, including instructions on how to submit bug reports,
+patches, or suggestions for improvement, see the Apache Commons Logging website:
+
+https://commons.apache.org/proper/commons-logging/
+
+-----------------------------------------------------------------------------
+
 Apache Commons Logging 1.3.1 Release Notes
 ------------------------------------------
 
diff --git a/pom.xml b/pom.xml
index 276e339..5e4affa 100644
--- a/pom.xml
+++ b/pom.xml
@@ -50,7 +50,7 @@ under the License.
     <commons.jira.id>LOGGING</commons.jira.id>
     <commons.jira.pid>12310484</commons.jira.pid>
     <!-- The RC version used in the staging repository URL. -->
-    <commons.rc.version>RC2</commons.rc.version>
+    <commons.rc.version>RC3</commons.rc.version>
     <skipSurefireReport>true</skipSurefireReport>
     <!-- Since version 3.2 additional classpath dependencies are allowed. -->
     <commons.failsafe.version>3.2.1</commons.failsafe.version>
diff --git a/src/changes/release-notes.vm b/src/changes/release-notes.vm
index 8beb6da..f8cb8e8 100644
--- a/src/changes/release-notes.vm
+++ b/src/changes/release-notes.vm
@@ -17,7 +17,7 @@
 ${project.name} ${version} Release Notes
 ------------------------------------------
 
-The ${developmentTeam} is pleased to announce the release of ${project.name} ${version}
+The ${developmentTeam} is pleased to announce the release of ${project.name} ${version}.
 
 $introduction.replaceAll("(?<!\015)\012", "
 ").replaceAll("(?m)^ +","")