Seek says it will sell its Brazilian and Mexican businesses to Spanish employment marketplace operator Redarbor for $US85 million ($127.8 million) cash, which will be put towards reducing the Australian company’s debt.

The ASX-listed employment platform, which operates jobs sites in Australia, New Zealand and six Asian countries, said it would sell its 98.2 per cent interest in OCC Mexico and Brazil’s Catho Online to Barcelona-based Redarbor.