Amedisys Inc., a Baton Rouge-based home health and hospice giant, has arranged for a new five-year $100 million loan and a $200 million line of credit.

The proceeds were used to pay off two existing loans, and the new debt also carries a much lower interest rate, according to Amedisys.

“This new facility will provide capital for acquisition opportunities and also deliver significant interest cost savings at current debt levels,” Amedisys President and Chief Executive Officer Paul B. Kusserow said.

The new arrangement gives Amedisys more flexibility and aligns well with the company’s strategic plan, he said.