Implementing a circuit design can include determining a chain of a plurality of loop elements of a circuit design, wherein each loop element includes a bit select node configured to perform a bit assignment operation and a corresponding address calculation node, wherein the address calculation nodes use a common variable to calculate a starting bit location provided to the corresponding bit select node. In response to the determining, the chain is replicated resulting in one chain for each value of the common variable and transforming each chain into a plurality of wires. A multiplexer is inserted into the circuit design. The plurality of wires for each chain is coupled to inputs of the multiplexer and the common variable is provided to the multiplexer as a select signal.