diff --git a/sdk/identity/azure-identity/CHANGELOG.md b/sdk/identity/azure-identity/CHANGELOG.md
index c2a0197c1538..24715e34cb4d 100644
--- a/sdk/identity/azure-identity/CHANGELOG.md
+++ b/sdk/identity/azure-identity/CHANGELOG.md
@@ -1,6 +1,9 @@
 # Release History
 
-## 1.6.0b4 (Unreleased)
+## 1.6.0 (2021-05-13)
+This is the last version to support Python 3.5. The next version will require
+Python 2.7 or 3.6+.
+
 ### Added
 - `AzurePowerShellCredential` authenticates as the identity logged in to Azure
   PowerShell. This credential is part of `DefaultAzureCredential` by default
@@ -8,6 +11,11 @@
   `DefaultAzureCredential(exclude_powershell_credential=True)`
   ([#17341](https://github.com/Azure/azure-sdk-for-python/issues/17341))
 
+### Fixed
+- `AzureCliCredential` raises `CredentialUnavailableError` when the CLI times out,
+  and kills timed out subprocesses
+- Reduced retry delay for `ManagedIdentityCredential` on Azure VMs
+
 ## 1.6.0b3 (2021-04-06)
 ### Breaking Changes
 > These changes do not impact the API of stable versions such as 1.5.0.
diff --git a/sdk/identity/azure-identity/azure/identity/_version.py b/sdk/identity/azure-identity/azure/identity/_version.py
index 92ad66ed1b77..5742fd56cb10 100644
--- a/sdk/identity/azure-identity/azure/identity/_version.py
+++ b/sdk/identity/azure-identity/azure/identity/_version.py
@@ -2,4 +2,4 @@
 # Copyright (c) Microsoft Corporation.
 # Licensed under the MIT License.
 # ------------------------------------
-VERSION = "1.6.0b4"
+VERSION = "1.6.0"
diff --git a/sdk/identity/azure-identity/setup.py b/sdk/identity/azure-identity/setup.py
index 306d23c79702..bf87610cd3d2 100644
--- a/sdk/identity/azure-identity/setup.py
+++ b/sdk/identity/azure-identity/setup.py
@@ -52,7 +52,7 @@
     author_email="azpysdkhelp@microsoft.com",
     url="https://github.com/Azure/azure-sdk-for-python/tree/master/sdk/identity/azure-identity",
     classifiers=[
-        "Development Status :: 4 - Beta",
+        "Development Status :: 5 - Production/Stable",
         "Programming Language :: Python",
         "Programming Language :: Python :: 2",
         "Programming Language :: Python :: 2.7",