diff --git a/RELEASE-NOTES b/RELEASE-NOTES
index d3ad6bf0a..d1444dfcb 100644
--- a/RELEASE-NOTES
+++ b/RELEASE-NOTES
@@ -1,3 +1,9 @@
+# Release 4.0.9 - (Dec 18, 2020)
+ * fixes a regression introduced in 4.0.8, that prevents from
+   paying BIP70 invoices (#6859)
+ * reflect frozen channels and disconnected peers in the displayed
+   'can send/can receive' amounts.
+
 # Release 4.0.8 - (Dec 17, 2020)
  * fix decoding BIP21 URIs with uppercase schema (d40bedb2)
  * psbt: put full derivation paths into PSBT by default (c8155129)
diff --git a/electrum/version.py b/electrum/version.py
index 496aa718c..bc558280b 100644
--- a/electrum/version.py
+++ b/electrum/version.py
@@ -1,5 +1,5 @@
-ELECTRUM_VERSION = '4.0.8'     # version of the client package
-APK_VERSION = '4.0.8.0'        # read by buildozer.spec
+ELECTRUM_VERSION = '4.0.9'     # version of the client package
+APK_VERSION = '4.0.9.0'        # read by buildozer.spec
 
 PROTOCOL_VERSION = '1.4'     # protocol version requested