diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 9da34491..e6f87049 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "15.1.0"
+  ".": "16.0.0"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 71f88bf2..31c252d9 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,22 @@
 
 All notable changes to this project will be documented in this file. See [standard-version](https://github.com/conventional-changelog/standard-version) for commit guidelines.
 
+## [16.0.0](https://github.com/istanbuljs/nyc/compare/v15.1.0...v16.0.0) (2024-04-10)
+
+
+### ⚠ BREAKING CHANGES
+
+* minimum Node version now 18
+
+### Bug Fixes
+
+* **deps:** address security alerts in deps ([#1555](https://github.com/istanbuljs/nyc/issues/1555)) ([b6ed598](https://github.com/istanbuljs/nyc/commit/b6ed59832e1b190486cbf289f081122b384465e5))
+
+
+### Build System
+
+* minimum Node version now 18 ([9ef340e](https://github.com/istanbuljs/nyc/commit/9ef340e07514b5e2d05f93a99fca17e5d60d65db))
+
 ## [15.1.0](https://github.com/istanbuljs/nyc/compare/v15.0.1...v15.1.0) (2020-06-01)
 
 
diff --git a/package-lock.json b/package-lock.json
index f0dd8dbe..53909214 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "nyc",
-  "version": "15.1.0",
+  "version": "16.0.0",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "nyc",
-      "version": "15.1.0",
+      "version": "16.0.0",
       "license": "ISC",
       "dependencies": {
         "@istanbuljs/load-nyc-config": "^1.0.0",
diff --git a/package.json b/package.json
index dbd6f4d6..f55152ec 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "nyc",
-  "version": "15.1.0",
+  "version": "16.0.0",
   "description": "the Istanbul command line interface",
   "main": "index.js",
   "scripts": {