Are there any ways to find the intrinsic value of a bond/TL?

Prepping for liquid credit shops — wondering if there are any way to find the intrinsic value of a credit facility? For example, if a bond is trading at 80, are there any way to build my thesis that it’s trading at a discount and it should be 90? Understood that in equity you can do a DCF but curious about a credit facility (keep thinking debt paydown % thru waterfalls but that doesn’t give intrinsic price of a facility directly)

Thanks!

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Are there any ways to find the intrinsic value of a bond/TL?

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Are there any ways to find the intrinsic value of a bond/TL?

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